I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...
Does anyone have experience with the maintenance cost on a turn-key property bought through American Real Estate Investments? The spreadsheet they sent me for the portfolio of properties uses$312 in annual maintenance...
Hello BP members ,🤗 ( IF THERE IS ANY ENGLISH MISTAKES ,SORRY ) This post it’s a question post , bust hopefully by answering it , it can bring value to the other readers who’s interested in the same topic too .I’m st...
What a relief! Have you ever had your expectations exceeded? Well that just happened on my last project and I have an overwhelming sense of joy from it. I just completed a live in rehab which I intend to rent our l...
Economic Update
(Monday, June 21, 2021)
Fire has always been part of Southern California’s ecosystem, but today’s wildfires are more intense, more frequent, and more dangerous than ever. The memories of massive bla...
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
Hi, looking for a way to evaluate an RV Park? I am familiar with evaluating SFR and MFR as I own those. Ideally, I'd like a primer (tool) to help with the financials. I want to physically look at locations, gather ...
I have made an offer on a property in the Belair-Edison area of Baltimore, which I will rent once closed. A couple things I need the communities help with. I am planning to use a listing agent to market the property t...
Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."Th...
Economic Update
(Monday, April 26, 2021)
While the nation was focused on a Minneapolis courtroom last week, there was also history emanating from a Los Angeles courtroom. A federal judge overseeing a sprawling la...