My current tenant moves out soon in my rental property and will be filling the vacancy. I have received interest from a retired tenant. Now, if they don't qualify for income of 3x the rent is it a definite no?Any ot...
Hi Everyone - I am considering purchasing an 8 unit boarding house. The building is old, early 1900's old, but seems to be in good shape with updated electric & heating system. Its about 4000 sq ft. Most of the te...
I am looking to buy a property, live there and rent out. I am asking for other peoples opinions if this is a good deal and why. The house layout is more like a frat house meaning lots of bedrooms or potential bedrooms...
I was hoping for some lovely BP input as to the best way to approach this situation.I was walking for dollars last March and saw a property that said "FOR RENT" with a number attached. I thought that maybe I should ca...
I talked to the a seller and the situation is he wants around 350k for his house with a mortgage roughly at 290k. The comps in the area is around 445k but thats not true ARV value. Those comps were dated but well kept...
Hi All -My wife and I have purchased, rehabbed and rented out 4 duplexes in the past but did so as either owner-occupied or by funding the deposit ourselves. As we are looking to expand our real estate business, I hav...
A pal of mine just came in to about 80k. He knows I been studying REI, and wants me to invest it for him. I suggested we start off with multi-family. I feel it's better to start with a distressed property and BRRR. I ...
Can anyone tell me what neighborhoods you prefer for investment, what areas are having growth in Marion IN? I am an active Muncie IN investor who is considering buying my first property in Marion. I am mostly looking ...
Hello guys. Potential deal here. Buffalo ny
200,000
3unit
Current market rent is 2100 monthly total.
Taxes 3300 annually.
Current condition unknown. Given that it doesn't need much w...
View report*This link comes directly from our calculators, based on information input by the member who posted.I am looking to flip this house as my first ever deal. I'd be using a HML and some privat...