Terry N.
Location viability for rentals
If you're interested in investing in a neighborhood that doesn't appear to have very many rentals, is there a method that you use to determine if an area would sustain rentals? Are you concerned if the area does not h...
Danielle Friberg
Investment in Prescott, Arizona
Hi. We have the opportunity to buy four single family homes in Prescott, Arizona that are currently cash flowing. At a price of $525 for all four and $4800/mo in rent it misses the 2% rule. My parents live in Prescott...
Nicole Heasley Beitenman
3rd property in the books
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $47,000
Cash invested: $13,000
My 3rd B&H. It was actually my childhood home. Conventional loan with 20% down a...
Allison Fletcher
First time LL - Letting neighbors know
I am renting my home for the first time. I had a few applicants and feel I chose the right one.
The neighbors mostly keep to themselves, and it's not a particularly tight neighborhood (although the immediate neighbo...
Loc R.
I know there's a deal in here somewhere...
Wholesaler has presented this property to me:
3/1 house for $193K. Needs $10K, ARV is $260K. She (the wholesaler) has it under contract at $188K. Seller is a guy who inherited the house from hi...
Justin Rockitter
Analyzing Crime Stats and School Districts
Hey everyone,
Real estate newbie here looking into my first property. I was wondering how you would go about analyzing an area in terms of crime. I have been using spotcrime.com but it is difficult for me to evaluate...
William Collins
Is it me or December bargain season
I always seem to lock up deals in December here in Connecticut. So far I have a triplex locked up for 50% of ARV and a quad for 65% of ARV. Both have 1 vacancy so I can immediately renovate, and have occupancy so I ...
Michael K.
Working a seller-finance deal on an apartment building
I happen to stumble across an off-market deal that a lady is willing to seller finance an 18 unit apartment along with a duplex right next door ... 10/1 bed units, 8/2 bed units and 2/2 per side duplex in a C- neighbo...
Andrew P.
Deducting paint costs from tenant's deposit
I'm about to have my first turnover. I realize it's a per case basis, but how often do you guys have to re-paint the interior of your property? My tenants are in a B neighborhood and they take good care of the place...
Tae Kim
Looking for Birmingham RE Agent
Hi Alabama BPers,I am looking for an investor-friendly RE agent in Birmingham. I've digged through the archives of these forum posts and have not been able to find one. The couple that I have found seem to be no longe...