John Horner
Buying my second rental property - Analysis
I had my offer accepted on a 3/1 in the Columbus Area. The area is working class with little crime. The property is right across the street from a brand new elementary school, which I see as a plus.
My offe...
Mike Baker
Lack of comparables
I am looking at several properties in a town that used to be a mining town in its hay day . The housing is so mixed ( value wise) that I am having a hard time coming up with a solid ARV due to the diversity in propert...
Drew Denham
Asset management ??
So i moved 150 miles from my residence and I'm renting it out starting May first. I could always ask my dad (who lives in the area) if he could go there if there are any problems with the tenant but I hate to but that...
Jeff Taylor
Newbie's first deal: Am I walking into a minefield with this one?
I haven't made an offer yet, so please let me know if I am about to make a mistake!
Here are the details:
This is a city lot in a low-income area. There are three buildings on the property.
1/...
Matt Leber
Choice Between Two Properties
I know some of you will probably tell me to offer on both properties, but....which one would you favor? I know numbers don’t usually lie, and they favor property 1 slightly. It’s just older and smaller and may be more...
Jonathan Anderson
Screening tenant for rental
Hello BP family I have a vacancy for a rental and I am in the process of screening a tenant and he is self employed how can I get a proof of income from him if he doesn’t have pay stubs since he’s self employed?
Jesse Cote
What Should A Massachusetts RE Investor Know?
Hey folks,Just wondering what a real estate investor should know about the Massachusetts market. Especially what’s going on out west - I live in NH and haven’t been that far.Jesse
Chris K.
Help with calculating CoCR example
Hello, I have been calculating cash on cash roi for an investment property that I have been looking at but I need some help with double checking I am doing it correctly. Purchase price: 300,000Down payment 20% : $60,0...
Colin Williams
First Home Turned Rental
Investment Info:
Townhouse buy & hold investment.
Purchase price: $118,000
Cash invested: $20,000
Our first primary residence that we turned into our first rental. Unfortunately it never positive...
Jeffrey Donis
What to look for in a new market- multifamily!
I have seen a lot of different posts regarding what to look for in a new market. These are some of the things we take into consideration before we expand into a new MSA-
1. Population over 200,0002. Long-term popula...