Hello everyone! I'm buying my first property, a duplex. Both sides are 1/1. One side is rented at $400. The other side was rented when I started looking at it and they've since decided to move out. Apparently the...
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
Hey BP, I am currently considering a potential tenant with a poor credit score in Philadelphia. He was upfront with me about it when first viewing the property, and explained he does not currently have a credit card s...
hi all. I'm an investor interesting in Memphis TN.How is the market performing?What is the tenant protection regs like in the area?Could someone share insight regarding cap rate for SFH and multi fam units? What's the...
I am looking at Tampa FLA, Houston TX, and South Carolina to start building a rental portfolio. My back ups are Memphis TN, Indianapolis IN, and Cleveland Ohio. I would just love to listen to any cheers or jeers of th...
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Hi BP! My Name is Connor (long time lurker, first-time poster) and I'm just about to close on my first Investment property!I'm in a very frustrating situation with my lender and this noobie could really use some advic...
Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors sti...
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...