Jen Faulkner
How Strict are You in Screening Tenants?
Maybe we're too strict. I just want to feel out other opinions. If you checked someone out and found out that they were arrested for theft in 2007, but they were never convicted, how would you proceed? I've had a v...
Ernie Sturzinger
Is no cash flow okay if I put no money down?
I'm looking for some constructive feedback on whether this makes any sense or not. I am looking to purchase a 12 unit apartment building in Ohio and I am putting no money down out of my pocket. I have done the analys...
London Stewart
Choosing my First Investment Property
Hey BP,My father has agreed with being on board with helping me purchase my first rental property. At this time, it seems like he is only comfortable with putting down $20,000 on this investment.We plan on finding a p...
Sean Smith
Month to Month vs. Long Term Lease
Hey BP*Sacramento and Bay Area Market* I recently had a conversation with a buy-n-hold investor about his rental properties. To my surprise, he prefers month to month agreements over a typically stable 6 month or year...
Matt Kauffman
Inherited tenants don't meet minimum income requirements
Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
Roxanne McCallister
Need feedback on first analysis
This is my first time analyzing property and would appreciate some feedback on my analysis. I have an email out to realtor for the comps and est ARV. We are looking at this as a possible buy and hold. The house has ju...
Danny Day
Cashflow statements on performing properties
I am looking to start the search next year for my first multi-family property, and wanted to look at cashflow statements of those already running performing multi-family properties.
What am I missing for fixed expens...
N/A N/A
Finding a tenant
Hello,
I just bought a house in the southwest suburbs of Chicago. 3 BD, 1.5 bath, immaculate. However, i've only gotten ONE call in about a month. Advertising in 2 papers, MLS, and on a rental house website. Is ther...
Nick Rubino
am i missing something?
ok im about to make an offer on a duplex. My cost i going to be $93,000. My mortgage is going to be $758 a month, and my two units are occupied at $450 on each side. This is below the little cul-de-sac. So we got ...
Amir B.
3409 36th St Sacrmanto CA 95817 (Sacramento County)
Hello BP Community,We just put in another offer late last night. http://www.realtor.com/realestateandhomes-detail/3...
I offered $250,000 with 20% and interest rate of 4.5%.Does anyone know of this street or neighbor...