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14 October 2024 | 7 replies
We would never extend a lease to a resident misbehaving like that.I'd encourage you to tighten up your procedures and, following your lease, get this resident out at the soonest possible time.
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13 October 2024 | 5 replies
Suggest you connect with them and do all you can to encourage them to mentor you.
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12 October 2024 | 2 replies
, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!
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12 October 2024 | 0 replies
, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!
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13 October 2024 | 5 replies
Im torn between something that is turn key with encouraging rent potential v something old that needs a lot of work but can become 2 units, however not the best neighborhoods.Lastly, but very important- If in either scenario price jumps to $380k with 15% down does this become not as profitable?
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14 October 2024 | 9 replies
@Kenneth P Ford they are a national franchise with great marketing.They also have some national support for their individual franchises, but it all depends on the local team.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
11 October 2024 | 9 replies
I would encourage doing a house hack first.
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9 October 2024 | 3 replies
I came across BP - and the resources and community here are just so vast and meaningful, I had to join.
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20 October 2024 | 84 replies
Being your investments, I encourage you to do what works best for you in your situation.
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13 October 2024 | 54 replies
So after further research, I found this great publication from 1980 on Encouraging Energy Conservation in Multifamily Properties that talks very in depth about RUBS.