My husband and I just bought our first rental property in Lehi, Utah, thanks to a lot of the tips, tricks, and courage from you fellow BPers & these forums. The townhouse that we purchased had the option to come w...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richmond.
Purchase price: $280,000
Cash invested: $100,000
69% post rehab to ARV with 2 units rented for a total of $3,200...
Hello everyone, longtime reading first time writterMy wife and I will be moving to the Denver Metro area in April 21’ and are looking to purchase our first home that we intent to turn into a rental property after a fe...
I'm planning on making a bid on a Wells Fargo REO (listed on the MLS). Records show WF paid $137,500 in 4/17 and it is now listed at $65k. Since the comps in the neighborhood are $140-$200k, the listing agent is expec...
My insurance broker and I are not seeing eye-to-eye lately. I own about 15 duplexes and I've always felt like I paid a little too much on insurance because I always paid more than anyone else I knew. I never really th...
Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
A few times a month, I get tips that are usually something like "So and so is really sick of being a landlord, and wants to sell his properties ASAP." I got one such tip last night. Potential sellers own a duplex and...
I am currently in a back and forth bidding situation. I wouldn't call it a bidding war. Yet! The property in question is roughly 2.5 acres. It checks all my boxes for potential. EXCEPT!... There is a home dead smack ...
My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...
I hear stories all the time about tenants going on vacation, turning the heat down, and coming back to burst pipes, which seems to typically end up being the landlord's problem. Is this actually as common as it seems?...