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Hey everyone,I am getting ready to send out a new marketing campaign to absentee wholesale leads. Below is what our new postcard mailer looks like. We wanted to keep it simple, and to the point. Any thoughts, or criti...
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The psychology of wanting to own an investment property outright is probably blurring my thinking regarding looking at this situation purely from a cash flow/leveraging equity perspective. Yes, I want my equity to wo...
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I have been looking furiously to get into a turn key STR before interest rates climb higher. I was certain this was the right play so I could take advantage of bonus depreciation, which is going to begin sunsetting in...
Builders: Is there a particular percentage of the ARV or other rule of thumb that you rely on to calculate what you can pay for a developed (or
undeveloped) lot?
Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...
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Dear BPers,Our third project has been on the market for 70+ days and hasn't sold. DC is a pretty hot market so this is a bad sign. (...Don't want to get into a discussion of that deal on this post though.)As a result,...
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As an investor, after you reached your 1st year owning your rental properties, did any of you keep your rent the same, or increase it? What's the smartest decision, why or why not?
Thanks for your time,
Rhea
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Hi All!Just entering the rental business property and my parents are allowing me to use their properties to grow.They have a property that they have been renting to tenants with no contract for close to 10 years. Thes...
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Unit is part of a 4plex. Each unit has a small (8'x10') deck on the back, maybe a foot or less off the ground. They are in fine structural shape, but are probably due for a refinish. One of our new tenants (have rente...
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Does anyone have experience with a 'Pre-Auction bid' on Auction.com?
Recently I place a 'pre-auction bid' on a home that has an opening bid of $40k, and Auction opens May 18th. I bid once and received an immediate m...