There is a medical office unit for sale in my area. How do I analyze whether or not it is a good deal? Since it is a commercial property, would I look at comps or cap rate? Is it similar to analyzing a multi unit or a...
I saw a house in a nice neighborhood that looks kind of outdated. Upon looking through its windows, it even seems it’s vacant. What are the steps folks have succeeded with in meeting the owner and then finding out whe...
Hey BP family! I am in the military and new to REI. I had a contract set up on a 4 plex that was going to be financed with the VA loan and was moving along perfectly. But, the seller had a medical emergency and had to...
Hello! My name is Chaz Johnson, I own a SFR in Uptown Minneapolis MN. I bought it in 2011. I have lived out of state for past 5 years due to medical school. I am currently completing my medical residency in MI. I have...
RERP team, I wanted to thank you for all of the outstanding lessons over the past year. I started my REI journey last November, and I am on my way to closing my second deal (or fourth, depending on how you look at it...
Hello,I have a relatively complicated situation (this is my first property) that I am looking for some guidance on - any guidance you can offer would be much appreciated!The situation:- I am under contract at $265K f...
Link: http://news.morningstar.com/all/dow-jones/us-marke...What do you guys think? I was considering investing in New Haven (around the colleges) and there are a couple of deals in Hamden I found on Redfin. Thinking...
Like most people on here, I suppose, I now have old tenant applications with SS#s, birthdates, etc. Currently I am keeping them in a locked file cabinet (although my agreement with the credit service just says I have ...
I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...
Hi all,
I am currently in the process of buying a 1 bedroom condo in NY and I do have 2 other condo units as long term rentals, I am thinking of converting them into Mid-term rentals,
I tried making comps on Fur...