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Hi All!I'm brand new to all things rental properties, I'm gearing up to by my first property OOS in Ohio and live in California. As I'm working on underwriting my deals, one question that keeps coming up in my mind i...
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Should I allow pets in a rental? Does this limit my rental pool? What are your thoughts?Being in the property management business I receive many questions regarding pets. It's about a 50/50 mix. 50 percent would l...
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Hello BP Members, I was referred to this website by a physician that I work with, who invests in real estate a lot. He tells me there are some very bright people here who can quickly answer my question. '
So here go...
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Hello everyone,I recently (09.18.18) purchased a two family house in Buffalo NY and this is my first real land-lording experience (I don't count my house hack). The rent is way below market value (450$ instead of 700-...
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We just closed on our 2nd property which includes a garage split into 4 storage units each with their own roll-up garage door on one end and steel door on the other. The previous owner had been renting them out separa...
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Hello!I am acquiring a 7plex in Aug. I was thinking of paying all the bills. There are 4 electrical boxes with the 7 units (conversion house), I'm not exactly sure which box is for which units. I wanted to pay for eve...
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These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...
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Don't know much about anything in this field. I do know some of the basics about screening tenants and finding lease formulation help but I don't know if or when I may get started.I'm 59 years old, disabled, and livin...
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Hey Community Current new investor with a few properties looking to create a solid criteria that would be fast and efficient when evaluating a new deal whether flip or hold. Can any experience investors give some insi...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Norristown.
Purchase price: $175,000
Cash invested: $21,750
Projected monthly cashflow is $450 after I move out of the sec...