Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...

I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...

Hi Everyone, long time lurker, first time poster.  I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...

Hello BP! I'm in contract with my first property and wanted some suggestions on the kitchen. Is it a good idea to keep the cabinets/countertop and just repaint? or Should I just replace the whole thing? It looks like ...

Hello

I'm new to this forum. I've reading many post in the last 2 weeks and now have one question.
I'm living in one of the EU Countries and would like to buy some properties in the US especially in Detroit area and ...

Hello everyone!As the equity market gets more and more unpredictable i'm looking at putting money in real estate rental properties. This will be my first deal and venture into real estate. As i am living in NYC curren...

I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...

I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all.  Ofte...

I am having Solar City come out next week to assess whether my primary home and 2 rentals are good candidates for solar panels.  Their schtick is that they pay for the system (so no out of pocket to me), and I pay low...

I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...