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10 January 2025 | 4 replies
When you start, the company may give you a small existing portfolio, but then you'll have to maintain & grow it to make a decent living.You could also work as a leasing agent at an apartment complex.
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26 December 2024 | 2 replies
@Mitch M.See prior discussionhttps://www.biggerpockets.com/forums/48/topics/1154727-foreclosed-house-with-solar-lease
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9 January 2025 | 1 reply
It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.
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9 January 2025 | 0 replies
Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.
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19 January 2025 | 269 replies
I wish i could had my other deals like that.Today my portfolio is:- T2 apartment mortgage free- T1 apartment with 60% LTV mortgage (variable rate with UCI)- T3 apartment with 60% LTV mortgage (the one described above)- 2 stores leasing from CGD That's very good.
4 January 2025 | 5 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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8 January 2025 | 38 replies
So we had a non-paying tenant whose lease wasn't renewed and refused to leave.
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8 January 2025 | 5 replies
Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?
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6 January 2025 | 5 replies
I weigh more on making 3x rent and having great rental history of on time payments with no evictions, no lease violations or violent criminal history.
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22 January 2025 | 31 replies
Will they "check themselves" from bad behavior when they see a professional company with professional services, legally reviewed lease, etc. managing their day-to-day?