Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
Hello BP members,
Being locked inside and with few credits left, I have been spending a lot of time researching real estate. I've been reading, listening, and watching- basically any down time is split between these...
Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very...
Hi y'all! I'm looking at buying my first investment property and it seems like a great deal but it was built it 1910. Any advice/recs? What to be very weary of? How to get it properly inspected? What might not be that...
Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
Hi, I'm William. I was born and raised in Denver, and I want to get into real estate investing. I have a construction background, and I've spent 2 years listening to bigger pockets, reading every scrap of literature I...
Hello everyone! We would like to know what you think and what’s your advise for us who are barely starting in this crazy market. Our goal is to buy a property that we can live for free by house hacking. Then save up a...
What says the group? I am about to close on a 6 plex. This is my first multi family. It's a great cap rate, good income, there's a maintenance guy already in place that wants to accept work, so overall, I feel like it...
We will be landlords in about 10 days if all goes as planned.Question 1: Do you know if we can add an amendment to the rental agreement that is currently in place? The agreement doesn't stipulate a late fee for late r...
Just trying to find anyone from southern Alabama who knows a little bit about the local market there in the Dothan, Enterprise, Ozark area.