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This is the first deal I've seen in my area that comes close to the 50% and 2% rules. I just feel like something must be wrong for it to be such a great deal.
10 unit ranch style apartment building (6) units 1bd/1ba ...
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One of my good friends has been hearing me talk about rental properties in my area of interest (Fall River, MA 02723). He just brought me into his office (we work together) and told me he's about to come into some mo...
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After a year of 30+ declined offers on properties $100k+, I have decided that maybe homes under $50k in the "Not so good" parts of town, with the assistance of a property management team, is a better route to take....
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OK, question: using the BRRR method and playing the numbers game by analyzing a lot of deals I would then put in a lot of offers, until I find someone that will take my offer. But I obviously dont want to visit all of...
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If a property has used all depreciation, What is the next move one should consider? Sell and do a 1031 Exchange?
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I came across this a few days ago. It's a 90 unit apartment complex. The owner is in pre foreclosure due to a high vacancy rate(50% plus 5% concessions). If he doesn't get rid of this than he will be foreclosed on and...
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Hi Everyone,
I own a few properties and have recently encountered an odd situation. A tenant stopped paying rent and cited COVID-19 illness as a cause. Meanwhile, the same tenant made several repair requests after sh...
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Hello BP!I just got the final appraisal done on my first real estate deal. I bought a SFH with unfinished basement, Suited the basement and rented it out. Upgraded services on the property. I will break it down quick ...
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Recently I was looking at a few investment properties in Detroit. The research stopped for a few reasons but recently came across an opportunity which sounds pretty good but would like to hear from the experts on the...
Hi!My wife and I have recently moved to the DFW area and we're doing our initial research on the area. Given the local market seems to have really low levels of inventory, along with rapidly rising property prices, w...