I have a 3 family with 2500 square feet. each unit is 2 bedrooms 1 bath. The average rent in the area is 550-700 for each, but the city does have a high turnover rate on rents from what I hear. The asking price is 36k...
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I have listened to a few short sale gurus with different approaches on back to back deals:
1. Use a purchase contract and do not disclose the "b to c" agreement to the foreclosing lender it may kill your deal.
2. ...
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Hey all this is my first post, I am new to this site and may not understand all the rules just yet but please humor me as I am in a situation. I am in a 2 bed rental with 2 adults and a 7 year old boy in Colorado (3 t...
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Hi all - I am closing on my first rental property this month; a duplex with FHA financing. It is $170k with a 3.5% down payment. It brings in $2000 a month in rent, which I will only be getting $1000 a month for the f...
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Hey BP, I was wondering if anyone out there had any suggestions on how to keep track of leads, whether you've talked to them, when you should follow up, etc. Right now we're using the Fusion MLS system, as well as ...
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My story so far: I bought a duplex in MA and sold after 5 years and made enough to take larger strides in real estate.I’m trying to figure out what to do next.I just bought a 3 family owner occupied that pays for itse...
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I am a beginner and have nothing invested in real estate. BACKGROUND INFO:-38 year old police officer in Utah. Married with 6 minor children. -Base salary: $83,200 per year, $90,000+ when including overtime. No debt o...
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Hi -I have potential tenants who have looked at my place before moving in & seem to be incredibly picky, asking for all sorts of “fixes.” Some I can do & agree with, most not.I was thinking of having them mak...
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My wife and I have a Town Home that was a primary residence that we decided to rent out last year. We purchased the property in September 2017 for $123k with 20% down and Realtor estimates its current value at $146.5k...
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Hello BP Nation, I recently purchased a 3B/1.5B townhouse for $176K in East Baltimore County, MD. My property manager and I set the rent at $1800. The median rent for the zipcode is $1500. There are very few rentals ...