I have a rental home in Missoula, MT, and am having a hell of a time deciding whether to keep it or sell it. It was fully updated/remodeled in 2015, is ~3000 sq ft (old Victorian), it currently cash flows ~$400 per mo...
Hello, i have never bought a home but i have been looking in Raeford, NC. I was stationed there when i was in the army and now I want to buy my first rental property there within the next 60 days preferrably two withi...
Hello BP World!
I am an out-of-state investor, based in the Bay Area, who primarily focuses on Buy and Hold SFHs in the midwest. I was recently approached about a potential seller financing deal, which I ultimately p...
Hi,Can someone help to review and comment on my first pro forma estimate below? After running the numbers it seems that my construction costs are too high and are killing the profitability of this potential project. I...
Has anyone out there ever had a successful transition between raising rents SIGNIFICANTLY after buying rental units? I expect in essence to ask some very nice, elderly people to give up their "homes" and would lik...
BP,I've been contemplating writing this for a while now, but after the dust settled on my recent purchase from Bridge Turnkey in KC, I thought it's time to share. I'll try to be brief. No, never mind, I can see alread...
Does anyone prefer a blog over a site or a site over a blog. I just had a discussion last week in my office and people are somewhat conflicted with the two. Does anyone have a blog that produces great results or a sit...
Hi everyone. have completed 2 houses so far, ive tried to keep detailed records as to every purchase, every man hour spend doing the work and this is what i have come up with;* I came up with these numbers by doing 9...
We have a renter in Houston that choose not to renew his lease in September because he was looking to buy a house in December. We have been going month to month with with rent increase since then and just figured he w...
I have made a major newbie mistake. I presently live in a condo for the past 17 years. In 2013 I purchased a 2-family that needed some major work. Over the past year I replaced the roof and updated the electrical so n...