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Sellers agent is pricing the rental property as potential market value rents. The actual Rent currently at the property is below market value. Should that be a ground for me to offer below asking price? Thank you
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Hello friends! My name is Bob Lasko and I just joined BP yesterday. I'm amazed at the depth of knowledge on this site. My wife and I fell into the real estate investment game by accident. We own a 3 bed 2 bath...
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Hey everyone, I'm currently looking into buying my first house. But I wanted to get some advice before making any big decisions. I currently live in Denver and have for over 4 years. I have just started looking at hom...
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Hello all,My name is Michael Welton and I'm 24 years old. I've been listening to the BP podcast for about 3 months now, and I'm starting to get more and more serious about making my dreams a reality. A few weeks back...
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Hey Guys, Recently bought my first duplex. I have been working on buying my next. I CAN get another loan from the bank, I have the credit and funds, however I have been researching the possibility of using private m...
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Hi Everyone,My name is Joshua, I am 23 years old and live in Houston, more specifically Pearland. I've recently gotten into real estate the past couple of months and have fallen in love with the idea of it. I currentl...
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Hi, I've been doing a lot of research in my Area, and the surrounding area, and I have spoken with 3 different landlords who have given me a similar answer to the question above:
Q: "How do you protect agains...
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- Purchased strip mall in 3/2003 in Chicago, IL for $4,800K- Sold it in 11/2017 for $4,660K- Closing costs for purchase/sale $600K- Capital improvements $300K- Total depreciation claimed over the years $2,300K- H...
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I used Royal Rose Properties to manage my properties in Detroit because they had a very good reputation on here. My experience with them was less than awesome, so I'm posting this so that others know what they're get...
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Hello all,I am a 31 year old newbie residing in NY who is in need of some guidance with regards to successfully managing apartment buildings and multi-family homes. My father owned a 16 unit apartment building as well...