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At 1031 Capital Solutions, we have daily conversations with landlords contemplating selling their rental properties, many of which are single-family homes or small multi-unit residences. This article presents three ke...
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Can someone please explain to me why people are buying 2 flats that rent comps show $4,600 a month in income for 665k+? The income doesn't really cover expenses plus debt service. Even if you tell me they are paying c...
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Hello BP Community,I want to start flipping homes in my market, and potentially out of state, and I want to know how to budget for a General Contractor. For the first few, having a GC work with me, I think it will all...
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Hi all,I guess this is my formal introduction... I've already posted a couple of questions and listened to about 40 of the podcast archives but have missed this step.I live on San Juan Island, about 90 miles north an...
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Long post warning....New landlord here, my first tenants (mom/daughter) moved in Oct 2018. Daughter is 63 and Mom is 85. Mom had just enough income to qualify for 3x rent and good credit. Daughter had bad credit and...
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I found a duplex in Scranton PA its 1930's 6 beds/2bath per side in a decent neighborhood close to schools hospitals ect and it listed for $139,000 I can get him to around $120,000. According to my calculations for...
Hello,My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 wh...
Hey everyone, so I have made a few posts now and here is my next question. I am most interested in buy and hold investments, I have done enough research and reading to get the concepts of it and the term I have heard ...
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Hello BP,I have finally started taking big action and not trying to have the whole process figured out before moving. I have just gone under contract on my first investment property, and will be flipping it. I have ...
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Hey BP,
Currently under contract for a 3 family. When being shown the property, I was told one tenant had a 6month lease for 750. The other (Sellers son) was on a month to month lease for 550, family discoun...