Wonderful community! I have a question - I rent by room in the Charlotte area and up until this point, I have rented all my rooms through referral and my tenants bringing me qualified folks (I've been very lucky). I h...

I have found what I believe to be a good property that an investor could see a lot of gain with either flipping it or holding it and renting it out.  It is a house located right next to a college.  Its two story and b...

Hello All, happy new year! I hope 2017 is off to a good start for you!We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home f...

I am screening a tenant but there are various red flags on the mysmartmove report. First is about a 20k credit card debt but also a 5 year probation for theft $20k. Do you or have you ever accepted a tenant with a ...

So I was presented an opportunity from a realtor I work with, that I eventually turned down, and wanted to get feedback from those on this forum that are smarter than I am on this stuff (i.e. everyone) as to if I eval...

I am looking at a duplex in a rural area of Northwest Indiana. The SP is 148,000. The annual rents are 16500.Taxes are 4300. Insurance is $1200. My concern is two fold:

1. Finding tenants in rural areas. Does anyone ...

WHAT IS GENERALLY A GOOD CAP RATE AND NOI FOR COMMERCIAL BUILDINGS?

It is screening time again and I have an interesting one that focuses on income. I have an applicant for a recently renovated high rise condo who is a retired librarian with no dependents. She has spotless credit, he...

Hello BP, I'm curious if a tenant in Florida can break a lease due to an A/C not being repaired.Firstly, I am the tenant, and have been having some problems with maintenance. I haven't exactly been a nuisance about it...

As I continue to evaluate flipping homes I am perplexed by this question:

How is it possible to add market resale value at a cost that is less than the market value you add?

If a house is currently worth ...