Olu Efunwoye
Cap rates in determining MF property value
I understand the concept of the Cap rate as a factor in the asking price and NOI. But I still need to understand how the cap rate can be justifiably fair. How can I safely put a cap rate just based on my asking price ...
Cameron C.
House hacking in "yesterday's news" Southside a bad idea?
Hey BP,So you may have seen some of my other posts on here recently but I'm currently close to a deal with my current landlord to purchase my single-family house in the Southside of Pittsburgh. This is an extremely s...
Michael Calderaro
The Insider's Look at Requesting a Laundry Proposal!
Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
Thomas Shepard
Increase Rental Income on a Basic Duplex
Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize th...
Tyler Flagg
First Deal in Oklahoma City!
Good evening BP!
My first two posts were from 6 months ago, and a lot has changed in that amount of time. Back then I was looking for real estate in New Mexico and Colorado. However, I quickly realized that I...
N/A N/A
Buying with large debt already
Hi all,
I am very much motivated by everyone's posts and books I've read. I am looking to buy my first property! Here's my situation, I have about $15000 in credit card debt and have a car loan. I would sell the car ...
Gary Stringer
To raise rents or not to raise rents
I have two tenants who have been with me - one for 4 years and the other for 7 years- We have been through tough times here in my locale and there have been many empty units- I have these tenants in single family home...
David Pagan
HELP: Allentown vs Harrisburg vs. Reading
Hey Guys,
I'm trying to scope out places to invest in Pennsylvania. I've traveled to Harrisburg, Allentown, Scranton and It's getting a bit overwhelming. Having a hard time focusing on a specific market. I thought H...
Eric Lee
Investing in the Oregon market
Hi all,I'm looking to acquire my first rental property and am strongly leaning towards a short-term rental while doing a MTR for off-peak seasons. I'm located in the Salem area and while I've looked at properties loca...
Matt Kautz
Los Angeles Duplex - Trying to Make the Numbers Work
Just getting started looking at investment properties in the very competitive Los Angeles area and found a duplex today with a highly motivated seller who needs to unload quickly. It's a great area, units will be del...