Jeremy Rusnak
Rent too low? How to handle?
Hi all,I purchased a distressed duplex that cash flows well at $850 per unit in rent. One side was vacant and needed a good bit of clean up. I did some rehab work that still gives me a nice 26% cash on cash return. ...
Dave Houser
There I was ready to make my first offer...
Good morning. So, yes, I am new to this. I have worked in college athletics coaching (strength and conditioning to be specific) for the last 18+ years and have decided I am finally going to buy my first property for...
Jeffrey Dorman
Need help determining the best scope of rehab
We just bought our first investment property, a large 2700 sqft two-family, 2 up and 3 down, in the village of Hoosick Falls. It was an REO deal and we got it for a good price, but it needs a lot of work. We are strug...
Robert Churchill
fully equiped restaurant value determination
looking at a 3 unit commercial property of which 2 are restaurant spaces all 3 are rented on triple net leases.
I can go through the deal if needed but my question is on determining and factoring the value of the fix...
Samir Patel
Converting Basement Into Short Term Rental
Hi BP friends,I have been thinking about converting the basement of my primary residence in Herndon, VA into a short term rental. The plan is to add a full bathroom to the basement, and then walling it off from the ma...
Cory Mickler
Can I charge more for rent If my property is close to the downtown area of a large city?
I am looking to buy out of town property. I am familiar with the area and travel their frequently. I looked into the average rental price and I found that it was around 600 month plus utilities at the minimum.I cannot...
Tony L.
Self Storage units as investments
Anyone investing or has invested in self storage units? If so, WHY?
Tyler Wenzel
What to do with non-separated utilities?
I am looking to close on my first property in the next month and trying to finalize a few details. The current leases do not go into much detail on how the current property manager handles non-separated utilities so ...
Brandan Leon
buying a house
I want to buy a house. The situation is I've been a plumber for years and I know banks want you to have the same job for two years with taxes. But I want to get back into selling solar because of a lot more money. I w...
Nicholas Gambino
Handling Inherited tenants
Just closed on my first duplex and I am inheriting a tenant from previous owner. Seems like a nice tenant but still don’t know. I will be taking the lower unit and his 1 year lease ends at the end of month. It will de...