We are closing a deal in Dayton, Ohio in 2 weeks and contractually are obligated to allow the existing tenants to continue occupancy for at least 60 days. These are long-term renters whom we are told are very good re...
Hi BP Community,
I have an interesting situation and was hoping for some help. I just got an accepted offer for a multi family (2 units) in a beach community near my hometown. Both units are currently occupied with ...
I just bought a duplex in Memphis. 38109 area code. Currently rents for $200 per side. $400/mo total. After all my expenses. I'm left with about $150 a month in profit. The rent is insanely low. Section 8 is payi...
I know there are a million threads already on BP like this, but I didn't see anything that quite addressed my question.Has anyone purchased a rental that had an older tenant paying far below market rates? We're in con...
Overall, the Charlotte-Concord-Gastonia real estate market is poised for growth in the coming years, offering opportunities for both buyers and sellers this spring of 2023.Looking ahead to March 2023, the Charlotte re...
I'm using the rental calculator on here, and I'm not sure if I'm filling anything out incorrectly, but I see a correlation of the returns gradually decreasing every year. Yes, I'm using leverage and have accounted for...
There has been no previous occasion for this kind of downturn of economic activity. Recessions or severe economic slowdowns are usually caused by the exchange between economic and/or financial differences during the p...
I am in the process of closing on two properties. Current rent is well below market value due to seller having a lot of free and clear properties so any cash was a bonus for him. It my understanding that he has never...
I've been looking at some small multi family homes on the MLS in Chicago and it seems like a lot of the rents on there are below market. I assume that the rents are placed by the seller's agent and are accurate. So I ...
I can't wait for this wave of political back and forth to be over. It is exhausting reading through all the posts and threads and status updates etc...On another note what is everyone's thoughts on interest rates in t...