Ryan Smith
Thoughts on a 4 bedroom in Tempe
I have this property under contract, thoughts on the deal would be appreciated. I have attached my numbers on cash flow below. There is a 5th bedroom but I would be staying in this room. There is also a pool, I didn't...
Mitchell Toney
Worried about purchasing too early
Hi everyone,
I'm looking to purchase a property to house hack in the Columbus market in the next few months, and I'm seeing some decent opportunities come across my plate (through my own research and from my agent) a...
Kevin Polite
Underwater Investor won't sell
I've contacted the out-of-state investor several times and asked if he was interested in selling a property I discovered they had a $100k mortgage. In the condition it's in it's probably worth $30-$35K at best. As...
James Thomas
A garden on a commons area
I live in an over 55 community that is largely built, but has some vacant land. A portion of this vacant land is to be a parking lot should the rest of the property ever be developed, so it's a commons. This is the lo...
Carl W.
Red Flag? Tenant won't allow Access to Property
I found a multifamily home in my area that I'm interested in potentially purchasing. I've had my eye on it for some time and finally had the opportunity to tour it, however, when we arrived the tenant refused to let u...
Richard Harris
Bulk SFR Packages
Hello,
Does anyone have any experience dealing with Bulk SFR Packages? I came across a guy who owns 10 SFR in Detroit, Michigan and he wants to sell them. Does anyone have any good experiences with Bulk SFR P...
Ethan Yuan
Removing existing tenants after buying a property
Hi all,I’ve noticed it is common practice for investors to buy a property, get rid of the existing tenants, renovate the property, and increase the rent. My question: what is the process of removing tenants and how lo...
Charles Sullivan
Good ol delinquent taxes
Hey guys, long time no see! Still here in San Antonio. While being away from the BP community I've had some ugly experiences, fell short a few times, and closed a few deals(Wooo!!). So, I just came across a property t...
Nader Hachem
Goals and Strategy for Deal Analysis
Hey all,
I've been doing some deal analysis to find my first property by looking for SFHs in the midwest (Michigan) on the MLS. My goals for this property is a 8%-10% ROI with $150 cash flow after expenses and saving...
Mario Russo
Multi-Family Investing Advice (Minneapolis)
Hello, my wife and I live in Minneapolis and have one townhome rental. We love the long term buy and hold strategy and have dreams to buy more property - ideally a 4 unite multi-family property or larger. However, as ...