Strictly looking at it from a cash flow basis and assuming it needs no major repairs. What would you pay for a 2 unit that collects $2,400 in rents. I am just looking for a 30,000 foot offering price. Not the lowest o...
About 2 months ago I have purchased my first rental property. It was a foreclosure, in pretty bad shape; needed a lot of work. It's a 800 sq ft ranch, no basement, 2 bedroom, 1 bath, 2 car garage. I paid $15K and with...
I now have 2 contracts on some property and they both have a proof of funds letter I really don’t want to send the proof of funds to BOA because that will see how much the buyers is buying the property for and they ...
I recently attended the public auction held to sell 20 units in the three MGM Signature towers located just off the Las Vegas strip. The auction was held on April 21st and was attended by about 125 people. All units w...
It’s kind of crazy how the economics of things always seems to even things out. One demonstration of this is the concept of ‘barriers to entry.’ I remember when I was back in school and this was just some busi...
While doing the due diligence for an apartment building in Texas I noticed that the property tax rate was quite high compared to many other states. I understand the state has no income tax, but that's not relevant to...
Hello BP Fam,*Short Post Alert*I just moved into an apartment (renting) for a short time (no longer than a year) while I save to purchase a property for myself. My landlord is requiring me to get renter's insurance of...
Good morning, Trying to get started in buy and hold soon. Based in nyc, looking to invest in upstate NY and out of state and Have about 40k saved up. Have some questions about starting off.
Should I go to a bank for ...
I’ve made an account on Loopnet and came across a series of Walgreens and other commercial property for sale. How would a person(or me specifically) go about marketing a potential deal to investors to getting a Walgre...
Kevin Yeats commented on my "Disadvantages of Section 8" rental blog. He asked about providing "reverse deposits" as an incentive for tenants to keep their homes clean and maintained. He suggested giving $200 at t...