I recently purchased a property in the Warrendale neighborhood of Detroit, Michigan about a year ago. The property currently has a tenant who is paying below market rent at $850 per month. While the tenant had a good ...
Hey everybody! I own a rental home (old primary residence) in Illinois, but I now live in Florida. I manage the property myself due to ROI constraints. We are on the last month of my tenant's 2nd year. He notified me ...
I have analyzed several homes using the BP rental calculator. Multiple times, I have had positive cash flow ($300/mo) and acceptable CoC ROI (5-7%).However, these homes have all failed the 2% (and 1%) and 50% rules. W...
I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
Hey BP, I am looking for my first deal in SW Florida. Older communities is NOT my niche but they are littered around most of the markets that i look into. I understand that there are several cons with it and not many ...
If you spend any measurable amount of time browsing the BP forums you have probably come across a thread or two that was started by a new investor who's having a heck of a time getting a Realtor to work with them in a...
Watch Fox News tonight and you’ll see news about the upcoming U.S. Election, the U.S. Housing “Recovery,” and of course the Olympic Games. What you won’t see, is any news about the banking crisis in Europe and the re...
Me and my friend where looking at apartments. We went to a apartment and looked around then they took us back to the office and we talked about plans and If we’d be interested. So we were interested and they handed us...
A sign of the times. Zillow is adding climate risk scores powered by First Street for every for-sale listing on its platform.
Another Zillow survey published in September 2023 found that 83% of home shoppers conside...