Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Hi first post here just looking for advice, I rent a multi family home 2 unit for about 15 years have been lucky to have both units rented for 10 years no issues, well until now.
Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Mila F.
Tenants trailing landlord during inspections
29 January 2025 | 6 replies
This can also be triggered if they have kids or what they perceive to be valuables in the home that have not been secured.It can also relate to how you conduct the inspection.
Steffany Boldrini
Seeking Advice: Issues with Jenny Yi, an STR Designer
4 January 2025 | 20 replies
I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.
Kwanza P.
New Here to the platform
29 January 2025 | 15 replies
I would search the BP forums because your tax / legal related questions likely have already been asked.However, it doesn't hurt to still ask the forum what your questions are.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
On top of that, hiring tribal members for construction or operations could qualify for employment-related tax credits.
Sendil Thangavelu
Well water and sediment issue , Ocala, FL
3 January 2025 | 0 replies
Can anyone recommend good companies to root cause and implement solution to fix this issue?
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
I don't see how they relate to wanting to educate myself or asking for reading recommendations.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.