Freddy T.
Should I raise rent drastically or raise it in small quantities over time?
Hello all,So I have a Duplex property in a rough part of town. Originally I rented out my top unit in 2020 (3 bedrooms and 1 Bath) for $775.00. I didn't go too high because the area isn't all that great so I thought i...
Christopher Lynch
Investing in Alabama
My name is Chris and I am a new investor who is looking to buy my first of many rental properties. I live in Oregon but have no interest in investing in this state with the way the landlord tenant laws are here.
I a...
Marc Lease
New Member looking for buy and hold opportunities in Kansas City
Phoenix investor looking to build cash flow portfolio in stable Midwestern city - Kansas City is my current choice. Specifically looking for >1.5% RV ratio, and strong COC returns in decent neighborhoods to diversi...
DIANIE KANHAI
Investing in Cleveland, OH
I have been investing in Florida for the past 5 years and with the prices increasing, I am looking else where to invest. I have recently been travelling to Cleveland and I have seen some great opportunities but would...
Garrett Fulton
Section 8: HUD changing FMR in the near future?
Hello BP,I've been reading that HUD is looking to roll out a new way to calculate fair market rates for section 8 housing in large metropolitan areas. The new policy called "small area fair market rate would set new f...
Andy Kurtz
Too big a nut for first deal?
I've found a potential deal, but when I ask myself 'what's the worst that can happen?', I get spooked.
Here's the details -
16 units spread across 4 buildings. All roofs/heat/water are new within last 5 years. 11 u...
Bevla Reeves
Foreclosures on the Rise in a Few Pockets...AZ???
I thought foreclosures were way down and would be for awhile in my state of Arizona!I was surprised to read this today...up 76%??! Is your state on the list?Thirteen states posted a year-over-year increase in foreclo...
Tyler Bodi
Is this a Deal in Louisville, KY
Louisville, KY investors is this a deal?I have a 2 bed 1 bath 850 sq ft house under contract in Shively 40216.Purchase price of $50,000 and an appraisal of $74,000 (67.5% LTV) . The house needs minor cosmetic upgrade...
Paul Choi
Deal or no Deal? Need financing ideas
Howdy folks!So a friend of mine, who is not into REI, has sent me a couple of off-market leads through his family/friends, which is great but I'm currently low on funds to close the deals. I'm in the middle of SFH re...
Lonnie Waliczek
Multi property asking price markup?
Thanks ahead of time for your responses ( if any) :)
When pricing a multi family property ( for the sake of this question ... a 2-4 door ) how much if any markup should there be on a property that is fully occupied? I...