Rich Weese
Inventory of unsold homes in your area
I was told yesterday by a Phoenix realtor that the "valley" is down to a TWO months inventory of unsold homes. Is this accurate? Normally a 6 month inventory is thought of as normal or healthy. If this is true, prices...
Kurt Michaelson
I made an offer of $405K and he laughed at me
Well, I made an offer on this one and the owner initially wants $547K, and said he was willing to come down in price for a cash offer. I offered $405K and he laughed at me. He later said he'd take nothing less than $5...
Thomas O'Donnell
Does Credit Score Requirement Need to be Put in Lease?
If I am going to require a 600+ credit score for my rental, does it need to be put somewhere in the lease? Or would I just list it in the description when marketing the property for rent?
Daniel Tisdale
Re-develop long-term rental into STR advice
Hi,
I’m looking for some advice on potential strategies with an existing long-term rental property that I have in Austin, TX. I purchased this property 5 years ago as my primary residence and have since turned it i...
Amir B.
Fresno, CA Advice
Hello BP Community,I am interested in acquiring a quadplex in Fresno. I have been told by a REA from Folsom about the potential growth for positive cash flow. Not sure if the REA is leading me down a dark alley. I wou...
Chris H.
Orlando Duplex
Looking to put in an offer on a duplex by the end of next week. One side is vacant, the otherside is rented way below market for the area. A few questions: Is there a contingency I can put in the contract to end curr...
Scott Bower
SFR wholesaling is great, Apartment syndication is better!
Hey BP! My name is Scott Bower, and I have been wholesaling SFR's with great success in the Phoenix market for the last 3 years. When I first started my investing career, I thought apartments was what I wanted to do...
Jonas Mai
Looking at 7-plex new investor. I need encouragement. This works?
I found a 7 plex for $185k. It has 4 1br and 3 2br apts. Exterior is stucco, roof is flat and clad in an elastomeric foam membrane (one of my biggest issues). The 2 bedrooms rent for $550, $550 and $575. The 1br...
Shane Baganz
Probate
Hi all, long time reader, first time post. I could use help on probate. I have not found a list service that will pull probate in Wisconsin. I have contacted all mentioned in the forums. Probate in the legal proce...
Zach Adams
My first SFH is a hell house
So the first house I ever bought, which became my first rental almost 3 years ago, is becoming a problem child.
Stats:
1955 brick ranch in North Atlanta. B neighborhood. The house has a lot of character and I even l...