My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...
Opportunity zones in Phoenix are a hot topic. This article explains what they are and explores both the good and bad of Opportunity Zones here. Thought it might be useful for current and future investors in Phoenix, S...
I keep seeing a lot of posts with people noting “interest rates are high”.Just want to say, no they are not. I don’t need to post the charts here as a simple google search will note this. Last decade interest rates ha...
My last question of the day. If a house has a mortgage on it regardless if its paid or unpaid, how do I negotiate a deal? I dont understand what happens to the mortgage. Who pays the mortgage? Does it get paid? C...
I have a dilemma I would like to pose to the crowd. I have a sf rental in Florida with professional management in place that charges 8% per month. I have four homes with them. Three have been steady without any rea...
Let's say you put 15% down on an investment property (2nd SFH, New Construction) and with property taxes, homeowner's insurance, and PMI the monthly mortgage is $4,300However, in the market (location), most of the ren...
Greetings! (First post on a BP Forum!)I have a portfolio of properties (more than 20 units) that are being handled by a single property manager. I get the owner's statement every month (from Buildium) that shows ren...
Hi All, so I recently purchased a house from a wholesaler as a flip project. The house is located in Effort, PA (Poconos area). It is complete now and was listed for sale on 10/01 for $259,900 which seemed about right...
What is a fair profit split on a 100% funded rehab flip JV partnership under the following circumstances:1) Rehabber who has limited rehab experience?2) Rehabber who is very experienced?3) Funding partner will do ...
Hello BP, I am new to this site and I see that a lot of people are eager to get started with buying properties for all kinds of reasons. There seems to be a lot of interest in Tampa for rentals. I consider Tampa to be...