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Ok, so I have put in a contract on a 4-unit all with 2 bedrooms and 1 bath in Washington, d.c. and I am very excited. There are currently two tenants in the building and I am requesting the rent roll from the last twe...
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Just putting out the feelers. I currently have a home warranty on my rental home that I am considering dropping. I have had them for about three years, but have only had to use them once and it turned into a headach...
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Hi there,A bit of a sidebar issue but there’s so much experience on BP I’m curious if someone has an opinion I haven’t thought of. I have a consistently painful tenant who complains constantly, harasses, yells, curses...
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I have an opportunity to obtain an 8 unit building where the owner is willing to finance. The building is currently 100% occupied. Here are the numbers:
Purchase Price: 249,900 financed @7% I/O for 30yr term
Gross...
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Hello everyone,My name is Treven and i am new to REI and BP, trying to get my feet wet and my foot in the door as i start on this new adventure. I am currently in the military in San Diego, but in the next couple mont...
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I'm in the midst of turning a park around that was in terrible condition upon purchase. We have spent tens of thousands fixing the homes and are now in the stage of moving the Park Owned Homes to the tenants. Some of ...
**This will be post 1/2. I will post an update w/pictures and final numbers after refinance**
Please read and let me know what you think of the deal!
I'm a 26 y/o full time law student in the DMV area who graduates ...
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We own and operate 500+ apartments in California by partnering with great people. We have been working with Housing Authority / Section 8 / VA for 5 years. After flipping 500+ homes in Southern California, I realized ...
I found a great multi-family deal (four quadplexes that meet the 2% rule) and after some research, they could cashflow over $200/door easily. What questions should I ask the seller? The property is held by an investme...
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I'm curious what Denver area investors use for "rules of thumb" numbers since property cost are so high here. Obviously I'm pretty to new to this, but even when I come across a higher CoC ROI analysis (9 to 12% withou...