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I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
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Hi everyone,I posted earlier but it didn't go through so here it is again: any insight or help would be greatly appreciated.Here's my situation:-I rent an apartment where I live with my family.-I recently bought a coo...
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Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
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Hello BP Community!
I have a multi-family (4-unit) property that my parents and I are looking to acquire in Michigan (Northern metro Detroit). It is an interesting piece and I would LOVE to get some feedback ...
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I am looking to do another bulk buy and wanted to document my experiences here. I already have a commercial lender in place who did our previous loan. The challenge is that I am looking to buy 6 - 10 properties that...
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Hi there,I'm new to REI and BP and currently researching where we might focus offering 'rent to own' lease option services, within the continental US? It seems 'logical' that both the hottest selling and economically ...
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We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
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Are all last-minute applicants bad ones?
I've been looking for a February roommate.
I've started getting more inquiries again, but after a quick Google/court record search for them, I have charming candidates.
1) S...
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Most investors need supplies of some sort. (I shop at Home Depot because I can literally see it from my front yard.)But unfortunately, Home Depot doesn't carry everything.Where do you shop? What dumpster company are y...
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Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...