Account Closed
Zillow's "Make Me Move" strategy?
Hi all,I have just put 2 properties in the LA county area (one SFH, one Multi Family) on the "make me move" section on Zillow. I set the prices quite high to gauge the market for them not thinking there would be much ...
Michael Bingham
Rent to own or hold out for full sale? Need selling critique
I purchased a 3/1 for $52,000 and I have added another full bath making it a nice 3/2. It sits on just under an acre lot in a great location. Its been sitting for a few months at $133,000. I recently met with my re...
Sriram Kumar Bikkina
Bought a home without basement and wondering if it is good?
Hi All,I won an offer to a home without basement and am wondering if I missed anything here. This is in Kingston and my realtor is very good and trustable and he did not warn me anything about homes that don't have a ...
Aaron P.
Repair or Replace HVAC in Rental Property?
Hey BP. Long time reader, first time poster. Looking for some input on whether I should repair or replace my HVAC system in my rental property.Background: The property is a 1500 sq ft house in Arizona. Current HVAC ...
Joseph M.
Can you help me evaluate this 3 family deal?
I am having a little trouble with calculating the maintenance/capex expenses. It is also hard to find comps for this type of property in this area. I would be putting 20% down with a 3 year ARM amortized over 20 years...
Kristen Martin
Are pools a nightmare for rental property?
The area that I live in gets quite hot in the summer...we're talking over 105 for several weeks. Part of our investment plan includes us buying a SFR, that we will live in for 2-3 years, and either rent out or sell at...
Henrik Frank
Are your rentals typically in "bad" areas?
Looking at the SoCal prices, it seems most areas are very far from being able to offer rent / price ratios that would satisfy the 2% and 50% rules. In my complex (Newport Beach), a $700K townhouse typically rents for ...
Adam Leech
Pigtown, how would you go about it?
Hey guys,I'm fairly new to REI (one property rented to family, looking for another) and I want to get the hang of the analysis. I come from the financial field (used to trade stocks) so enjoy number crunching.I went b...
Blaine Alger
Floating Fishing Lodge in Alaska- Help me out
Backstory: For the past 5 summers, my dad and I have been going on fishing trips in Alaska and the past 2 we have had the opportunity to stay at this incredible lodge in Thorne Bay. It was just a little mom and pop op...
Kyle Gillespie
First Multifamily Negotiations, help evaluating a deal
I am in negotiations for my first multifamily deal, it is a 12 unit brick apartment complex built in 1950 in rural Washington state (same town as I have another healthcare business in) current owners have done a good ...