8-plex, All 1BR/1BA units. Tenants pay electric and water (individually metered). 6 Units newly renovated and are rented for $475 each per month. The remaining 2 Units currently being renovated. Seller is asking $240k...
BP Members,Unfortunately have had a bit of a rough patch with 2 separate tenants and I am preparing for suing for non-payment.A peterborough tenant has already been evicted but I cant find their new address in order t...
Hello Folks,I am a relatively new member here on BP and completed my first new investment property purchase in Pflugerville, Austin (TX). It's a new, 3 bedroom, single family home by D R Horton. It's been 2 weeks and...
I fairly new to the real estate game, I have some properties and I doing ok for a start but I am having some problems organizing myself properly any advice how I can best organize, maybe some books? Any ways appreciat...
I recently purchased my first out of state investment property in PA. I am currently having my handyman fix up the property & I am replacing the heating system from oil to electrical. Since I live in Miami &...
Can someone explain to me the pros and cons of trying to rehab HUDs for resales or rentals as opposed to the traditional means of searching for distressed sellers to get you a discount?
These are listed and open to m...
Before I start, clearly the best answer would come from an eviction attorney. I will most likely talk to one, but wanted to get some of your opinions before I did that. To make a long story short, we had to take over ...
So, I have a potential deal with the following numbers 925,000 ARV185,000 rehab42,000 (7%) CC/realtor 78,000 (10%) buyers profit 20,000 feeOffer 600,000Isn’t ROI more important than whether the deal is MLS or off-m...
Hi guys, I have a property that I previously lived in for many years prior to getting married and buying a bigger home and turning the other into a rental. We have had the rental for a while and now I am ready to purc...
I can give the full story here, but in effort to keep it somewhat short my questions are as follow. I have a 30-unit property listed with a Realtor and I’m curious how often one should expect interaction with the rea...