Just as in any other business venture you have to way the risks vs the rewards. Those of you that have successfully started or successfully invest in low income areas what are your thoughts. It's no secret that the lo...
So we are I the process of screening tenants and some if it is mind boggling. What is a good credit score for a possible renter. Tenants have sent over their applications through Zillow is this an accurate score? This...
Hi all,New to the world of real estate investing, looking to find long term rentals and maybe something in the storage space realm as well. Physician by trade in NC, but interests in prehospital medicine and the outd...
First post guys! My question has to do with higher risk renters. I recently purchased and improved a property, and listed it for rent. The response has been very good, with several interested renters. The problem ...
Hey all,I reside in MA and am new to the BP community. I have spent a fair bit of time on this site and am ready to dive in to my first multifamily deal (I have some experience investing in commercial real estate).The...
Curious on what people’s take is with making your rentals section 8. Fairly new to all this, but I have a couple rentals, and I’m working on a brrrr right now that I am making the place very nice. My initial thought i...
Hi guys,Is there a cap on how much rent I can take in cash in Arizona?Does anybody know?Thank you!
What are some guidelines for low income tenants with less that desirable work or incarceration history?We just finished a 12 unit apartment building in a small town in Ohio. This is our first time working with low inc...
Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
I'm in the process of closing on a 5 unit (4 unit 2 bdrm 1 unit 1 bdrm)
price is 199K
total income 33300 less 5% vac ~31635
total exp 14802
Taxes are 6890
Insurance 1250
Electric 600
Water 800
...