Rich Weese
Inventory of unsold homes in your area
I was told yesterday by a Phoenix realtor that the "valley" is down to a TWO months inventory of unsold homes. Is this accurate? Normally a 6 month inventory is thought of as normal or healthy. If this is true, prices...
Frankie Parker
Are tenants responsible for re-caulking worn or damaged caulking?
To make the answers unbiased for either side, I would like to ask this question both as a tenant and landlord. Please be impartial in your answers and answer as if you were both the tenant and landlord as well.
Are t...
Cassandra Brown
Historic District Homes as Rentals
We just wend under contract for a duplex in a historic district. How difficult is it to own a property that has to meet historic guidelines, and what are the biggest parameters that must be met when making updates to ...
Juan Diaz
My Strategy for buying Foreclosures
I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
Matthew B.
How Much Should I Pay For Demo/Gutting?
I just bought two duplexes which I discuss in the forum post here. I normally do the demo work myself, but since I'm working on some other things at the moment, I decided to throw an ad up on Craigslist and see if I c...
Jordan Crumley
Seeking a 1031 Exchange Opportunity north of Boston
I am in the process of selling 4 condo units in Somerville. I will have net proceeds of ~$1.7MM, and I am looking to do a 1031 exchange. I wanted to reach out to the group to see if anyone had any idea of new markets ...
Brian Pleshek
My First Auction
How did I do on this deal?So, I decided to purchase a second rental property. The property I found was a SFH on foreclosure auction. The price I finally bid was $76k with approximately $4k closing and buyer's premiu...
Claudio Golia
Hello CT REI's
Just wanted to say hello to the folks here in the CT forum. I've been a BP member for approximately 4 months, but had been absent due to other distractions. No excuses, I just didn't make this a priority,I'm back now...
DB Brooks
Could this work?
I'm a somewhat recent grad making a fairly decent income. Was planning to save up over the next 6 mos to a year to purchase a home (that will eventually be a rental property). I know some people that I am very close...
Marc Shin
Boardgames and other low cost amenities in STR
Hello - is it worth spending money on boardgames within an STR? Also, what are some other low cost amenities that I can add to my STR that will yield a higher ROI?