Im analyzing a property and the rents are around 200-350 under current rent value.. Do I raise the price as soon as I get the property or try to get the tenants to move so I can rehab the property a little and try to ...
Hey I was listening to a recent podcast where J Scot suggested that every investor starting out should get thier real estate license for several reasons. One of the advantages he mentioned was that an agent has better...
This is my first post buy I have been reading post for couple of months now.I am closing on my first rental property tomorrow here are the details:Appraised value 139kI paid 126k for the property its 5 year old townho...
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
An existing tenant I have wants a month to month lease. I'm okay with that. What's the best way to do paperwork so I don't have to meet with them every month to sign a lease.
I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
This is a very subjective question, but I'd like to know which markets you think are going to prosper the most in the future. There are no right or wrong answers, just curious which markets you're betting on to see si...
Hey BP family,I got a question I hope someone can answer. This all gears toward getting a predication on what my ARV will be on a commercial multifamily property. I'm running into a catch 22 where I can't determine my...
I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...
At what point does flood insurance become a dealbreaker for you? -$25 cash flow a door? $50? Looking at a deal where the insurance on the building and flood insurance are identical, doubling that cost of insurance per...