Hi! I'm looking for my first investment property! I found a 6 unit apartment complex that consists of a building with 2 units next to a building with 4 units. All 6 units are rented out already for a total of $3545...
Figured I'd share actual numbers from actual rentals that I have in mostly bad neighborhoods. There seems to be a general consensus with larger investors that C class rentals are never profitable, others say they're a...
Hello all, I am researching a property in Dayton zip code 45410. Can anyone give me any details about this neighborhood, zip codes to stay away from, rents, etc...?
Hi BP! Longtime lurker and podcast follower of BP who inexplicably never got more engaged in the wider community.I've worked in mortgage lending since 2003 and happy to answer any questions or be a sounding board. Ove...
Hello BP landlords,I am in the process of closing on a SFH as my first rental property. I have been listening to both "The Book on Managing Rental Properties" and "Landlording on Autopilot". Both books recommend to in...
Greetings All, I was recently made aware of a class action lawsuit against Equity Trust (see link here) to which one of the more disturbing claims is, that if found guilty they would essentially be considered a NON-qu...
Hi. My property manager received an inquiry from a prospective tenant who wants to rent our SFH for foster children (2 per room). I am compiling a list of questions and concerns, but wanted to see if anyone in the ...
Hi All, I am new to real estate investing and looking to buy my first rental. I am considering buying a Turnkey property. How do I find out good Turnkey providers as most of them always have "mixed reviews" online. Th...
Thanks for reading and hopefully you can provide some answers. Ok...here we go,
1) Does a GP that is involved in a syndication have to be an accredited investor?
2) Can you utilize DSCR for apartments as a means of ...
I have been thinking about an idea for a while and want to input. As a former contractor I have alot of friends who have small shops. Many of these guys have a garage or several garages to store stuff. Most garages ar...