Stephanie Soltero
Not receiving as much interest as adjacent unit, rent too high?
Hi!I put one half of my duplex up for rent yesterday and so far have 3 people interested (I already know one is not qualified). I believe I can get somewhere between 1650 and 1750 based off the data below and consider...
Aaron Smith
Utilities
Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
Account Closed
First House
Hello Everyone,Quick background:-19 years old-living at home -Fraser, Mi (30 min outside of Detroit)-full time employee -$30k a year before taxes-full time studentSo the house next to mine recently went on the market....
Chuck Rhodus
your analysis on my 8 plex analysis
Give me the good, bad and ugly on my first rental property please.I am buying a 8 plex in Indiana for the purpose of rental income. There are no repairs to be done. Here are the details.monthly rental income $4,325 x ...
Bryan Cork
Rental rates vs property appreciation
I had a question for you smart and wonderful people. Speaking generally, in appreciating markets like Denver, or in my hometown of Colorado Springs, does property tend to appreciate faster than rental rates? And is th...
Sam Ohanesian
Help me analyze this deal!
So I've had my eye on a detached triplex. It is being sold by owner. He has been trying to sell it for over a year now! He is very unwilling to negotiate on his price, he wants 317k for it. It is located in a very goo...
Laura Moreno
Brooklyn 7-Unit Multi-Family in Sunset Park
Hi there,I am looking for a building in Brooklyn to buy so I can use one unit to live in and the others to rent out.This is what I found today:- Purchase Price: $1,350,000- Units: 7 (5 two bedrooms / 2 Studios)- Renta...
Account Closed
Fed Calls it a Housing Bubble - … 1st time since early 2000's
‘Unhinged’ And ‘Abnormal’: Fed Warns Of Housing Bubble As Average Cost Of New Homes Hits Record High
https://www.dailywire.com/news...
The continued rising costs in the housing market have caused the Federal Reserve...
Drea Kade
Newbie. Old family home. Fix and Rent, or Cut and Run?
Hello, BP community!We are new, aspiring investors.
Several years ago, we moved to the Tulsa area to be near our grandmother. In 2018, she moved to assisted living and we sold our home and purchased hers for $68,000...
Victor Colon
To keep or replace tenants?
I am a new investor. I haven't purchased my first property yet. I have made about two offers a week since I took on real estate as my side hustle. Looking to BRRRR SFH's. Educating myself as much as I can and here's m...