Hi All,
I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...
Greeting BP,My wife own a house in Waddell, Arizona, owe $165,000 and current house market value is approx $300,000. We are looking into buying a second house where we see ourselves live in it (move from Chicago withi...
I was just thinking about something. What would it take to convert your properties into a REIT? Seems like a cool idea to me. Turn your empire public - sell shares - get financing to grow. Although you lose in som...
I'm completely new to buying investment properties and was looking in a more affordable area than LA/Bay Area. Initially looked in Stockton/Lathrop areas but found that, for some reason, Sunnyside, Fresno homes are re...
Hey Guys!I'm focusing on single family homes in the Brighton and Pittsford area because they have good schools and they tend to attract more white collar renters with higher credit scores. I need some help verifying s...
I would appreciate some feedback on this deal (located in the central valley of California). It is an 18-plex in a town 15K people with a very high rent to owner occupied ratio (renter being on the high side).
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Hello BP! So I currently have one tenant in the downstairs of my duplex. She is a sophomore college student. Since it is summer she isn't home much, but when class starts back up in the fall, she is going to be moving...
Hi all, I'm close to pulling the trigger on this property in Chicago. I'm going through a turnkey provider. The renovation has already been done and the property will be tenanted with a section 8 tenant. I have a bu...
I'm a new investor based in Nashville who is looking into the Clarksville (TN) area. 1) What are the pros and cons of investing in the Clarksville area?2) Can you recommend a solid property management firm? Thanks!Kevon
Hi BP folks! I came across a property and I'm struggling to decide if it is good for a buy/hold or flip, or if it is only good for draining my wallet and schedule. $40k purchase price, $5k in repairs to bring it up to...