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...
It's taken almost a year but this Friday I finally close on my first investment property in Tempe, AZ!
I'll be using the BRRRR method as I look to take 6-8 weeks to rehab the entire home on my own. I've been gearing ...
hi BPI'm curious if any of us was ever successful on negotiating with a seller which won't move on price.PLEASE DON'T REPLY move on!-----I'm looking to see is anyone succeeded intalking agent/seller to play ball.-----
My team and I have come across our first potential rehab project and looking for a little insight from bp. It's a 3/2/2 block 1966 in nice condition, it's on a busy main road directly across the main road (40 feet) fr...
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
Needing help on how to handle a QuitClaim Deed given by the IRS. Backstory: My parents won an IRS auction and purchased a lovely lakefront property to be their forever home (not as an investment or flip) in East TX. ...
I'm looking at a ranch that's 740sqft with a basement, price is 25k and rehab will cost 15k at most. Updated comps in area go for 60k. My concern is the sqft and it's only 2 bed 1 bath, rental rate would be solid at ...
One year ago, I purchased a property for $550k and signed a tenant to a 10 year lease. The proprietor was a coffee shop/bookstore that was operating down the street. They wanted to expand as well as offer food and a...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi all,I am looking at a foreclosed 6-plex in Miami, FL. I would love your input on the ...