We just purchased a 4-plex in the Minneapolis, MN suburbs.  The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit.  We have purchased this pro...

I just recently came across a property that has extensive fire damage. Have not done a walkthrough yet. Did a drive by and the exterior is intact as is the roof. So it seems the fire was contained mainly to the first ...

What are some opinions on going Section 8 - Good - Bad or Indifferent?

2020 has been an interesting year for all of us to say the least. This is the year I turned 30 and also at some point, surpassed 7 figures in net worth. In 2012, at 21 years old I got by first real job that I could po...

Hello everyone, not long ago I was reading a BP forum about screw ups and it was both entertaining and learning. I hate to say but one of the best ways to improve one's knowledge is by learning from other people's mis...

Hi guys, I'm a beginner in this field, please don't laugh if I asked some stupid questions. I currently want to invest a property in New York metro area, I refinanced my own house and got 500,000 cash on hand. Monthly...

I just got home after thinking about investing all day today at work. I decided to look on Zillow for foreclosures that fit my price range. My plan is to buy foreclosures for a low (but modest) price, flip it or make ...

Hello fellow BP members!!Let me start of with some background. I bought my first SFR this year in Arizona and have been doing small cosmetic upgrades to the property. I decided to rent my 2 extra rooms to house hack, ...

We're days from closing on an out-of-stateproperty that has a tenant in place. Going in we knew that the bathroom will need to be redone. My questions are:1-since it's the only bathroom in the house, what should we su...

Hi all, I'd appreciate your opinion on what to do in this situation - Just purchased a duplex today ( 7/6/18 ) with long term tenant paying same rate of $1100 since 2011 for a 4 bedroom 1600+ sq ft, 4 BR 2 car unit in...