Hello BP!I am just getting started in my REI career and am interested in how experienced landlords estimate vacancy rates when looking at a potential investment.Is there a website/trade journal you subscribe to?Is thi...
Hi all,I have a prospective deal in Dallas, TX. Its relatively small, but here it goes anyway.2Bd 1Bath 725 sqft asking price is $45,000Expected rent is $750/month (the tenant who moved out a week ago was paying this ...
Hello Everyone,So let me try to explain this. Is there a logical way to determine what would be the best amount to spend on an SFH based on the amount of rent, risk and return on investment? For instance, if I said I ...
I like the neighborhood I live in, and dislike renting. Owner/occupying ("house hacking") a duplex seemed appealing, until I started doing the math:
$400,000 mortgage$1,500 rent per unit$1,370 mortgage payment (with ...
Hello BP,I'm wondering how many properties you find in one hour from driving for dollars.I have been finding about 20 properties every hour I drive. Would you say that 20 properties per hour is good?Thank you!
The deal:2 bed 1 bath single (has small office that was previously being marketed as a bedroom). Small cottage. Roof complete tear off in 2014 along with new furnace and hot water tank. No basement or real attic. Clas...
Hi All,I just had an offer accepted on a SFH in Charlotte. What I liked about this property aside from the deal economics of the existing home, is there is a very large lot and there is enough room to build another h...
I have heard the term "war zones" used here from time to time. What is the opposite of war zones?
I wonder how many of you have been around neighborhoods where one switches to the other within a short distan...
I'm considering buying a property in decent (C+ or B-) neighborhood in Kalamazoo and want to get some feedback from the BP community. Below are the potential numbers on the house. I'm attempting to use the "BRRRR" m...
Hello! Hope everyone is doing well. I have been looking for properties to analyze, single residence and multi-family, but have noticed that many of the houses that have potential to be great deals, often have a low ra...