When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are be...
"We have had a few interested tenants visit the property on Mulberry. They have 2 young children, no pets, and are relocating. Their credit scores are 554 & 715. No criminal history. No eviction history. She makes...
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
Check out this map:Most of Texas and Florida are lagging Midwest locations like Detroit, Milwaukee, Cleveland, Columbus, etc.What do all the seasoned investors think about this?
My husband and I are looking to buy an apartment complex in the next year. We are working on our investing education as well as our criteria. Ideally we would like at least 15 units. We have 550k in cash and would be ...
Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
When doing any remodeling work on a property we’ve taken back, we’ve always pulled our own building permits and then had our designated contractor do the work. However, I recently read something about this and it said...
Hi,
I've read the BP tenant screening guide but I still have a question I cannot find the answer to. I'm am soon to close on my first duplex (in which I will be living in one of the units). I have started to...
I have a pair of tenants that are known by all tenants as the drug/pot dealers but no one is willing to testify.Before they moved in, I checked their background and they had nothing bad. I could not talk to their prev...