Kevin Brown
When to Take Out Cashflow??
I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...
Steve S.
Buying a 1940 house as a rental
From reading on here and listening to the podcasts, it seems this isn't too uncommon in the rust belt. However, I'm looking to do this in Texas for about $65,000. It would cash flow around 17% based on projected ren...
Tomasz S.
Looking for best city for MF investment.
I would like to choose best market for MF investment (5-20 units) and I am down to Atlanta, Orlando and Jacksonville. But I am also considering Tampa, Chicago, Indianapolis and Cleveland. These would be my secondary c...
Matthew Vandegrift
Is Victorville, CA Worth Investing In? New Investor Needs Help!
Hi everyone, I'm an aspiring real estate investor finishing up my bachelor's degree in Phoenix, AZ. My wife and I plan to move to California in about 10 months when I finish. We want to settle somewhere in Orange Coun...
Johann Kleisch
Chicago or Milwaukee... What's better?
I live about half way between Chicago and Milwaukee and plan to start buying 8-50 unit apartment buildings within one year. What market would be better to invest in over the next 10 years. I know people can't predic...
Uneeq Khan
Purchasing property Unseen
I went with a realtor to look at a 2 family home. Upon arrival we couldn't get in. The seller told my agent that the tenants were not being cooperative. So they suggested my options were to purchase it unseen or wait...
Cameron Davis
How can you trust a foundation expert?
I think I may have a foundation problem. If I pay for a regular inspection, the inspector will just say "Have a foundation specialist check it out." If I get a specialist, how likely are they to give me an honest answ...
Tarcizio Goncalves
Property management and evicted tenants
Hi BP community,
Wanted to run an issue by you all and hopefully get some advice.
I have 6 units under management through a local property manager. Last month, we lost two tenants due to non-payment. I had to evic...
Jay Jonez
Deal or no deal? Will seller finance work for this deal?
Hi, I’m a wholesaler and just wondering if there’s a way creative way to structure this deal.Details:So I have a seller who has been in preforeclosure twice in the last two years. He owes $163K -PITI (FHA) the neighbo...
Ivan Jouikov
Realtor advises against making official lowball offers - your take?
In a search for my own property I finally got one under contract. It's a short sale and they've got 30 days to get the lien holder approval (they actually advertised it as pre-negotiated, but wanted 90 days for this)...