In invest in Pittsburgh and for the past 1.5-2 years i have had a horrendous track record of NON Paying tenants. They either aren't paying on time, don't pay or just leave. That is the one thing I didn't factor in. ...
Hey bp , I recently had a conversation with a friend who recently became a realtor. He was informing me that the int. rate on a mortgage loan might possibly reach up to 7-8% in 3 years. We also discussed my goals a...
Hello everyone,I would like your help analyzing this deal. I don't see anything close to 2% deals around here, so I'm just looking for something better than 1%. I work full time so I'm not looking for a fixer-upper, j...
There's a property I've had my eye on in a working class neighborhood (residents upkeep yards, partake in home improvements, plenty of small children playing outside). Advertised as triplex but county property sear...
Duplex - 3/2 and 3/2.5
Bldg SqFt: 2,610
LP: $155,000
Rents: $ 950 per side
Cap rate: 12.26% (according to MLS listing)
Gross Multiplier: 6.80
Insurance: $1,000
I will occup...
We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase. The plan all along has been to hold it and rent it out. It's in a great middle-income neighborhood in a popular, af...
Over my years of Real Estate experience I've come to know that so many renters have a very big misunderstanding when it comes to renting over purchasing. Let's have some feedback and see where we can get with this.
Hello my name is Clint. My friend and I have been talking about this Idea that I came up with 3 years ago while I was renting a room in a 100 year old house. I wanted to buy that old house and remodel it to be six sep...
so I have this mobile home deal that I'm getting for 12,000. It is split into 4 rooms 2 finished and 2 unfinished. I am borrowing 5,000 and paying 1,000 a month until I pay of. I plan on renting out all 4 rooms 150 a ...
Like many of you, I have > 100 residents paying rent to me each month. This is terrific. But with rent being set, I often wonder if other landlords have found ways to find incremental increases in revenue (that lik...