Sarah Lorenz
Setting ARV based on comps vs. market demand?
Having a little "discussion" with my partner about setting the ARV on a flip based on the few comps available, vs. an analysis of market demand. In our area, there is high demand, very low inventory and very, very low...
Carl Bo Smith
3/2 BRRRR Deal in Jackson, MS (CJ Rose Properties, LLC)
Investment Info:
Single-family residence buy & hold investment in Jackson.
Purchase price: $16,000
Cash invested: $18,200
I found this little 3/2 1,200 sqft house posted by another local investor...
Acencion M.
Would this be a reasonable?
I live in an apartment and would like to rent a house down the street. They are asking for 1rst rent in advance plus the deposit which is the same amount of first months rent. I don't have the deposit would it be reas...
Ketan Patel
Payment options for a slippery tenant
So it looks like we have a slippery tenant. I think you know the type. I made a mistake and did not include a mode of payment in the lease. Just that the payment must be made to me by the 5th etc. When he moved in, I ...
PJ Scalf
First Investment Property Purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $189,000
Cash invested: $40,000
This is my first rental purchase. We currently have a tenant with a 12 month lease...
Account Closed
First deal under contract and I have private lender question
Hello fine BP folks,I am pleased to say that after many months of education and a few offers not accepted, I finally have a property under contract. It looks like a colleague of mine will invest in the deal. If he i...
Samuel Medina
Self Manage using Property Management Software
Hello all!
Just looking for advice on self-managing using online software.
What software would you use for one single family home?
Preferably:
1) Free- since only one unit
2) Able to edit lease for additions
...
Todd Vicknair
Can I offer to do a "subject to" deal with a lower offer than asking price?
So heres potential scenario.house is not on MLS as of yet, it is a short sale. owners asking 200K, what they owe. my question is, can I offer to do a "subject to", but offer 120K? it needs to be rehabbed and of course...
Henry Omenai
Property under contract
After I had the house under contract, I met with my contractor a week later at the property for a repair estimate. While we were there, a group of people arrived, I assume another agent, and three different contractor...
Art Warshaw
Multi Family Investment Story
Investment Info:
Large multi-family (5+ units) buy & hold investment in Catonsville.
Purchase price: $3,800,000
Cash invested: $500,000
44 unit apartment building with total monthly rents of $36,...