Pete M.
How's the GR market doing for MFR/cashflow these days?
Hi all,I grew up about 30 mins southeast of Grand Rapids, and have been away from the area for the last 16 years. I still have a good friend in the Wyoming area, and I've thought about testing the waters with him to ...
Blake Burnett
Long distance condo
I'd like to get some opinions on a condo deal, which I know few of you recommend. I'm active duty military stationed in Norfolk with plans to move back to the west coast in about a year and a half, which is why I'd li...
Henry Chen
Rent price vs tenant stability
Hi BP family,
Like to get your take here. One of my 2bd condo should be able to rent out for $1700 according to few sites I've researched. However the next door neighbor in a 1bd asked if I would rent for $1500, and ...
Andrew Merewitz
Help figuring out how to make the numbers work for a BRRRR
So I am looking a buying my first property to BRRRR in Jacksonville, FL. I'd be using hard money to buy and do the rehab and then refinance into conventional and I cant figure out what piece I'm missing as to why thes...
Nolan Wildfire
Knoxville Tennessee SFR
My first post on BP...My name is Nolan and I live in the Oakwood/Lincoln Park neighborhood in North Knoxville. My goal for this thread is twofold. First, I'm hoping to meet some other investors in the area that I ca...
Mitchlyn D.
Deal or Not on this Triplex with House on Lot
Current numbers- Annual Taxes: $2,007 - Unit 1 ($500)- Unit 2 ($500)- Unit 3 (currently vacant)--but i'll add $500 to the total for anticipation of gaining a future tenant- House ($750) total: $2250- Ask price: $...
Shal Patel
Normally what is the waiting period for next rental tenants?
I just bought rental property in Houston,Tx. Now looking for tenant. I gave property to management company to find tenant. Normally what is the waiting period to find tenant?
Robert Howard
Analyze my multi- family deal
Hey I'm currently in South Georgia. I have been looking at this duplex that has come up for sale. The agent listed that the rents are $425/$400; which I believe are below market, but I ran my analysis with those. C...
Andrew Michaud
Do these income/expense numbers work for this 3 unit multifamily?
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...
Rachelle P.
Deposit Returns to Domestic Violence Victims breaking a lease
I have a tenant breaking a lease 7 months early, claiming there son is a victim of domestic violence. I have no desire to unduly penalize these folks, but obviously this is a huge hassle and it has cost me advertising...