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What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN? Is 6% low, 8% average and 10% high? Forgive my ignorance but what is that base...
Detroit mayor Duggan says HGTV's Nicole Curtis was 'scammed' in house dealDETROIT (AP) - The star of HGTV's "Rehab Addict Rescue" apparently was "scammed" when she bought a blighted Detroit home from someone who wasn'...
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For those of you who are familiar with the LA area, I'm trying to buy my first place at 31 years young. I work in Santa Monica, currently live in Venice and rent for $1495/month.I'm not even close to buying anything i...
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HI guys, I am in the process of buying a new condo to rent out and I know it needs some work done to get it ready. What are some of the questions you ask prospect contractors or handyman in order to determine whether ...
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Hello BP community,
I'm currently in the process of starting a Property Management Company and looking for the best way to increase my leads/clients.
Besides word-of-mouth, what are some of the best strategies tha...
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Hi. I am new to investing, but am very excited about getting started with some profitable ventures asap. I have always wanted to be a business owner. I have done a lot of selling on Ebay and I love making money that w...
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This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
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I read on here all of the time about all of the newbies or new to REI wanting to buy Multifamily units instead of SFR. Why is that? Is it because they don't know enough and just want to do what they think everyone els...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
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Hi everybody,I have a tenant who did not pay her rent on time. She was aware of the late fee and she agreed to pay it. However, when she sent her payment, she only paid the rent, not the late fee. She said she will...