Home is listed at 84,900, 3/2/2 (1450 sf built in 1974) with rent expected of about $1,150. It was stated that it would need a full rehab. Turns out it was a 2/2/2 it it needs everything!!! 2/2/2 homes that are com...
I am trying to decide which is the best option financially for myself and my family. We live in an area that was pretty good when we first moved in(2006) but the past year or so, the area has started to decline. Goo...
I am looking to purchase a 4 plex for about $210000 that makes about $3800/month in rent with little fix up. The trouble is the neighbors say the place has some drug dealers in it and I'm pretty sure I will have to k...
Hey friends!My wife and I will be house hacking a duplex - our first deal! - and the tenants in the other unit have been there 10 years!! Since the seller bought the house, actually. The seller never raised rents duri...
Drafted an offer on a REO apartment complex in Texas (Houston Area). Only problem is the bank has only owned the property for about 2 months and has a PM running it. Currently it has 3 vacancies, with one lease si...
I always thought every house purchase automatically required a professional inspection. Is this true? Are there exceptions?
In my conversation with the bank thus far, the topic has not come up yet. So, I'm as...
I identified a rental property that I'm interested in and my realtor called, made an appointment and we were told that the tenants need 48 hours. Fine. So 48 hours later, we go, and the tenants won't let us in. Turns ...
I have read that for determining equilibrium a good rule of thumb is to use an avg of somewhere between 7-8 sq ft of self storage per person within the radius you are analyzing. However we all know each market is ver...
I started a refinance application on my residence and I'm kind of having some second thoughts about it. It appraised at $370k, with about $189 left on the first mortgage balance. I also have a HELOC with a limit of $6...
Hello! I'm excited to be a part of the BP community. Really looking forward to the journey ahead.I've got a modest sum of money that I would like to use to get started in real estate investing. I have studied, and st...