Hello BP community! Hoping I can pick your brilliant minds on a first-time investment property. I'm green and have been learning a ton from you guys. I'd love your help evaluating some numbers and a few scenarios. My ...
i forgot where on BP i read this mentioned, but is it some sort of rule?if i remember correctly, the author said something to the effect that bare minimum for return on a good rental property anywhere would be at very...
Was kicking around this idea today and wonder if anyone does something like this....say offer a one year lease on a unit for $800/mo, or you can get a six month lease for $1000/mo....month to month lease? $1200/mo. Ob...
We have rentals in PA and NJ. Evictions are few and far between, but when we have one, the security deposit is NEVER ENOUGH to cover back rent and damages, the tenants always owe more. Bad stuff happens to good ...
I have been told to try loopnet and to connect with commercial realtors in my area to find 4-8 unit apartments but I wanted to know are there other avenues to locate these types of deals?
Hello -
I am a 24 yr old. who owns 2 houses - recently my monthly payment for my first house went up $300 and it's making me reconsider my investment.
The story of how I got in this position: I bought a house at 23 ...
Hi BP forum, Getting ready to make an offer on a residential property and seller wants proof of funds. I have 35% saved up for downpayment/closing, etc. Are there any downsides to showing the seller that I have this a...
Currently, US residential homeowner equity is high, and foreclosure numbers are low. At the same time, there's a rise in unsecured consumer debt such as debt consolidation loans, credit cards, and retail accounts. I'm...
So my plan is to buy an hold. This is a short sale property and the numbers are below:
List Price: $55k
Taxes: ~$350/month
Median Rent: $1400 (rentometer)
HOA fee: 190/month
From the ...
I have a tricky situation. I know this site is more geared towards flipping, rehabbing, investment, rental income, etc., but I am hoping someone here might be able to help me. Hopefully I can remember to cover every...