Adam Moehn
How's this deal look?
I"m in search of my first rental property. Here's one I'm considering putting in an offer in on. It's a 3 bedroom 1 bath 1200 sq ft SFH in Marion, Iowa. It's over 100 years old but looks to be in decent shape and r...
Naomi Yamasaki
Hello from Vancouver B.C.
Hello, I am a newbie from Vancouver B.C. I am interested in cross boarder investment. I am looking at Washington state at the moment. Please drop a message if you have the same interest. I would like to connect with ...
Luther A.
Would you buy a property that already has tenants
I found a property for 45K that already has paying tenants. The property has been on the market for over 18 months. There are no pics of the inside of the house only outside. The outside pics look good. I have done th...
Sathiya Deva
Planning to invest in multifamily unit...
I live in Thousand Oaks California. I have one single family rental unit(zillow estimate $650000). I have a equity of $250,000. I don't have positive cash flow in this property. I have one rental condo unit in Simi Va...
DG H.
Looking at 40 unit in Texas
I'm looking at 40 units that's split into 4 buildings. I'm doing the do diligence now. HVAC is older (80's), some of the units have been "spruced up" as a tenant moves. There are 6 empty units, all units are 2/1.5. Ab...
Jesse Richardson
SFR rental in C class. Good deal?
Hi BP,I'm working on another deal and was wondering what you all thought as experienced investors.It's an SFR in a C class neighborhood. It has 4 beds and 1.5 baths about 1670 sq. Ft.Asking price is $35,000, but hopi...
Andrew S.
Tenant will have 10 week extended absence
I have a tenant that is 6 months into a 1 year lease and has joined the military. They will be leaving for basic training that will last up to 10 weeks and would like to keep the apartment. How would you best handle ...
Darshil Parikh
PLEASE HELP ME ANALYZE A DEAL
I have come across a property - new construction, 4 beds, 2.5 baths $285K. With 25% down, 3.5% interest rate, 30 year term - my monthly mortgage including taxes ($500) insurance ($60) and HOA ($35) is around $1,500. P...
Diane G.
Does IRS really go back 25 years
I understand that we are supposed to keep all tax records for as long as we hold a rental property, technically.....What if I have a property for 10+ years and still holding it? Should I really keep all these years o...
Kim LeJeune
Lease Purchase Tenant passed away. Can daughter take over?
Hi,
I own a Mobile Home in which I was offering a Lease Purchase to the tenant. She was on a 10 year Lease Purchase plan. I actually just purchased it in Dec 18’ and we signed a new contract for the remainder of th...