John Paul Whaley
What happens to rents during a recession?
I am a new investor in the DC area trying to get my investing career started with a rental property (or perhaps a BRRRR). Whether you are a seasoned or newbie investor, I’m sure that a potential recession is at very l...
Julian L.
Rehabbing Kitchen Estimate - is this a fair price?
Hello!I'm looking to rehab this kitchen and found a contractor I really liked. This would be a place I will be living in for a while and I want to be sure it's done right, not cheap. Here are some photos, so you have ...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...
Vincent Donato
Yes or No to ceiling fans in rentals?
I have a rental duplex in Lakewood, Ohio. This older home has older ceiling fans in the bedrooms.I'm planning to replace all the fans with LED light but wanted to hear peoples experiences on this.My thoughts are, ceil...
Matt Cramer
Do you hold low income rentals? High crime rate rentals?
I'm looking into the Detroit market and surrounding areas. Pontiac seems to be low cost houses decent rent but high crime. What do you look at when investing in areas with home prices below $50k? Do you do it? Why or ...
Dominic Balconi
What Percentage Of People Like/Dislike Being Landlords?
I've heard this statement many times on BP, "Most people just don't like being landlords."My questions to you all are; How would you go about finding a prospective buyer who does like the idea of being a landlord? Wha...
Kwame Knights
Multi Family investment
Hello BP,I need some advice and guidance. I'm an investor and live in the DC/MD area. I currently own 3 single family rentals and looking to increase my portfolio. The market i'm in is very saturated with investors, n...
Sri L.
Hotel to Multifamily Conversion?
This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
Heidi Wills
Advice appreciated in Medford, Or!
Hi! I'm Heidi and I've had a little experience buying and selling real estate as my primary residence but I'm really excited to start investing in a sf or small multi family property for rental income and house hacki...
Micah Rome
Vermont Multifamily Analysis Help
I did a back of the envelope analysis for this 3 unit plus general store building and got the following numbers which seem pretty promising. What other information should I find out or confirm before making an offer?...