Hi all,
I have purchased two single homes that I am currently renting. One in Mississippi and one in Alabama.
I am looking to get into rehabbing now. Based on the market in Montgomery there are a lot of deals to be...
So I found a duplex in a desirable neighborhood in my area and I want to run the numbers by you guys.Asking Price: 350kGross Rent: 2000I can do owner occupied financing with 3.5% downpayment and I'm assuming a 4% inte...
I was just wondering if anyone on BP or have heard of any investor being called a "slum lord"? Would anyone else take offense to being called a "slum lord". It puts a bad taste in my mouth personally. Below is the sto...
I'd like to get some input on reasonable vs unreasonable fees for property management.
I think most people think that the % of rent is the key fee. I disagree.
I interviewed a property manager a while back who hea...
I want to start out-of-state BRRRR. Does anyone have recommendation as to what city I should start? I am looking for places that has good potential to appreciate over time and good monthly return (~1%).
For StartersFirst off, BiggerPockets is an amazing site. I have been one of those lurkers everyday while listening podcast after podcast for almost a year now. Started taking the advice of Brandon and Josh and communi...
I'm just a little disappointed this morning because I found out another of my low 50% rule offers was rejected. This is my 6th rejection in the last 3 weeks. I was hoping that this one would get accepted because I rea...
Hello Everyone...I have been struggling with finding tenants for my last two SFRs in Indy and would love to get some advice from people who are experienced in Indy rental market. Any help is greatly appreciated. I h...
We looked at 2 houses today.
The first one:
One was a very small (780 sq ft) 3 bedroom. Build 1940's. The living room was tiny...12 x 11. Then 3 small bedrooms - 12 x 11, 10 x 9 and 10 x 8 and 1 bath. Beautiful new...
I have just started the negotiating of a short sale. The purpose of this post is to hear from the experts the likelihood of success for this deal. My headline may look a touch confrontational, but it's not at all. I j...