There is a property I was looking at priced at $875,000. It was appraised at $1,200,000 and that was with a 25% occupancy. The building was previously used for several businesse offices. The zoing was changed to resid...

Generally I'm a flipper and have stayed productive during these awful economic times. Over the year I have really been considering purchasing 3 - 5 rental properties to generate a monthly return. With my time tied up ...

Hi All,I recently sent out a non-renewal lease notice to a month to month tenant on 9/29, saying their final day was 10/31.  They texted me and confirmed that they had received the notice on 10/1.  In that notice I al...

A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...

Hi all -

I'd like some advice on the max purchase price (MPP) of my first investment property. Using the 70% method, I'm coming up with a MPP of $57,500, using another method previously posted on BP (Det...

How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...

Hi BP, I recently went through a fairly large renovation project on a duplex meant to be a buy and hold property.   The rehab occurred as a long distance property in Michigan where I live in Hawaii.  My property manag...

I’ve posted multiple questions about this duplex we are (potentially) about to close on. I am in over my head and need more advice. The duplex was a SFH converted to a duplex. They listed it while the plumbing wasn’t ...

I am considering purchasing a mid-sized apartment building.What are some important conditions to consider writing in the agreement of purchase and sale?Thanks

Hey Y'all,Have this bond for deed deal on the table that I'm analyzing. I like the terms and this is my first owner financed deal as well as my first potential rental property so I don't want those factors to cloud my...