Warning: the below is a lengthy, generalized hypothetical. The questions are about calculations of average (yes, "average" is a very dangerous word because most years are far from average) returns on rental properties...
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A big Philly "YO!" to everyone in the BP Community. I am new to real estate investment. I am currently writing my mission state, business plan, goals, strategy, etc. My plan for my first property is to use leverage...
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Hi Everyone!
I have several units and I work full time, so I work hard to automate my rental business as much as possible. So far so good!
Tenant screening is working great once the tenant moves in! Three evictions...
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I have read through the numerous rental open house posts here on BP and didn't see this covered. I will have approx. 20 copies of the application as well as 20 copies of what I'm calling "Important Lease Notes" where...
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I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
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When I got home last night I opened the mail and, like most other nights, received several credit card applications. Here are two of them:I have successfully used credit cards such as these in the past to buy real es...
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I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
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I am relocating to Charlotte next spring and purchasing my first owner-occupied rental. I will be purchasing a 3BR and renting out the other 2 rooms. What I'd like to know is what are some effective ways to vet my ten...
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I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most ...
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Hi BP,I have a B+ class 2bed/2bath condo that I'm preparing to list for rent. The market rent without utilities is about $2,100 which I have verified with local agents and property managers. The condo is in a midrise ...