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Hey pocketeers,is the age of an apartment complex a factor(deterrent) in financing/ resale etc as long as it is in decent shape?Would you have reservations purchasing a 50 plus year old multi?
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Hola BP Community-I've been toying with the idea of selling my condo in Boston for a while now but I can't seem to come to a solution. I bought the condo in 2013 for $525k and it's now worth about $625k. Its in one ...
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This is a first for me. I have a couple who was living in one of my units with their kids. I got a call from the woman tenant this morning, indicating that the male tenant, hit her, and she filed a protection order th...
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My wife and I are relocating to the Tampa area (Valrico), and I would like to get my agent license once there. I've currently been in E-Commerce but I am hoping for a change. I had a few questions concerning this:1)...
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The Deal:
Just like going to Costco, we discovered that you can find great deals if you buy in bulk! This was our team’s first experience buying a “portfolio” of homes and we learned so many lessons from this experie...
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I have a great opportunity for an investment property (small cabin/single family home) in a booming short term rental market in Upstate NY for US$119,000. I had hoped to get a conventional loan and put 20% down but l...
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Hi All,
The investment I'm looking to purchase has a single family home in the front (4 bd 2 bath) and a duplex (2 x 2bd 1 bath) in the back. Two buildings on one property. This type of property is unique to South D...
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I’ve been looking into property management firms and can’t seem to find anyone under a flat rate of 20-30% of rent income. Do any of you guys have property managers and if so who? And how much do they charge? Listenin...
Hello BP Family!
I've recently purchased a 3 family fully occupied. I'm very excited for this transaction as I've been on the website for a while and have finally made the first step towards my goals.
My question f...
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I have tenants who have been living in one of my rentals for 3 years. Over the years, there have been multiple addendums, extensions and roommates moving in and out. Each one of these changes has been handled with an ...