Maxwell Manatt
Our first deal 10 months later, Duplex Little Rock Arkansas
My wife and I bought our first rental Property in June 2016.Basics of the deal:Duplex in Little Rock ARPurchased on MLSPurchase price $105,000 (was listed at $140,000)Cash to close: $23,579 ($21,000 down payment, $2,5...
Abdul Q.
Rental Property Loss vs Standard Mortgage Deduction
I am in the process of buying a house for my parents who will not be paying me any rental income, I will be making all payments. I will own the property and have been approved for an investment property mortgage. Beca...
Account Closed
Can i sell a gifted house inorder to buy a bigger multifamily?
Hey guys, so this is the situation.I was gifted a paid off single-family home recently. the property needs a bit of work here and there but overall it is in great condition!I plan on fixing it up a bit and selling so ...
Clayton Swansen
Real Estate Paradigm Shifts...
Hi everyone. This is just a question I have that I am hoping to spur some colorful discussion on. I wasn't sure where to stick this post, so into the general pot it goes! I was reading a book recently on economic hist...
Ryan Sasscer
How do you quantify 4 ways an investment property makes a ROI?
Buy and hold investors (like myself) know that an investment property produces a Return on Investment (ROI) in 4 ways:1. Cashflow (acknowledging a property could potentially have negative cashflow)2. Equity building (...
Jose Castillo
Direct mail Marketing for a Rookie. Please help
Hi Bp, I would need someone's advice on purchasing an absentee owner list. I'm fairly new at this kind of marketing so it can be kind of frightening. I must rely on my folks on bp for advice. Can anyone help me with a...
Corey Blane
Minnesota Rental Property Value
Question: In Minnesota what cap rate are investors looking for (generally speaking)? I'm in the process of securing a duplex (up down). It's 3/1 up and 3/1 down. The leases are 1500/mo each for a total of 3000/mo. I'm...
Wesley W.
Lease provisions for use of unit / unauthorized occupants
Hello All,I'll start out with the situation to provide context and then follow up with my question.I have a tenant who works two jobs and is seldom at home. She is currently allowing her father to come over in her ab...
Tu Le
New investor in Philadelphia , PA area!!
Hi My name is Tu le. I live in Philadelphia, PA south philly area. looking to into invest into real estate . I just change my job from full time to part time to focus more on rental properties single or multi uni...
Niyi Adewole
Boston Landord Or Tenant Friendly
BP Family,
I may be relocating to a Boston in the near future and wanted to get your thoughts on the landlord/tenant laws. Is boston considered landlord friendly or tenant friendly?