I'm going to look at a duplex in my town this weekend.  It is fully rented.  Currently pulling in $525 per month per unit.  Total gross rent = $1050 per month.  Utilities are separate and paid by the tenants less the ...

Without going into too much detail, is it normal for a lender to cause you to have to push back your closing date because they couldn't get underwriter approval on time?   I feel like they are having me scramble now t...

Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...

Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project. Most investors choose materials on the fly, right as their contractors need the...

This deal has evolved and I'll post updates here when relevant. I added a brief post about this on my profile, but here are the rest of the details:This is my second deal. My first was a vacant office building that I ...

Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...

I have two tenants with rents below market whose leases renew in July. I had planned on a 4% increase before the pandemic. I know taxes will go up increasing the need to raise their rates. Am I wrong to feel guilty...

How old of a house is good to buy as a rental property? From your experiences how old is too old to not have excessive repairs or other problems?  What property ages have worked well for you?I am asking as someone in...

Hi everyone I am new to BP and new to real estate investing, but have been browsing the site for a little while now and even have the app on my Iphone 5. It seems like the best first step is to join a local REIA gr...

When a property is acquired by tax sale, does that remove all leins?Seller has  deed to the property and wants to sell as is/ where is. Iowa is abstract state and seller wants me to handle that cost.   I have heard ar...