Hi everyone,I'm looking for my first deal here in my hometown of Boulder, CO. What I've found is that price-to-rent ratios are high - ranging from 24-30 depending on zip code. The median home sold price is $800,000, a...
Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
In the last 24 hours, I took a headache off a busy man’s (dad’s) hands, am hooking up an international student with a baby w/ new furniture, baby stuff, and a place to live, and borrowed 5yr funds supported by the cas...
Hello BP,I was reading over some info and came across this link regarding adverse possession. http://www.nolo.com/legal-encyclopedia/state-state...Most states have a decade or more timeframe. However there are a few s...
Question for those who have been around a while, I haven't been able to figure this out myself from research. I'm referring mainly to larger markets, say over 1 million people at least, during a housing crash / downtu...
Good morning, BP.I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted...
Tenant has a current lease agreement with seller and the rent is low at $600/month. We need to makeover each unit, spruce up the exterior, and increase rent to around $825 - $925. We technically wouldn't take possessi...
We have a rental opening up Nov 1, and have one applicant with a credit score of 790 offering to pay the full years rent up front. Red flag?Thank You
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
As some of you know, I started real estate investing by buying in the war zones of Cincinnati. For those of you who don't know, here's part 1 of how I started, lost everything and then acquired over 1,000 apartment un...