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Results (384)
Heather C. Why the 50% rule is so important....
19 October 2012 | 15 replies

I know a lot of people come on here seeking advice about rental deals they have and many of them don't hold up to the 50% rule. I will admit I guilty of justifying the deal in my head even when it didn't make true se...

Aisha M. Brainstorming how to keep water costs low
11 November 2019 | 17 replies

I have a duplex where the water is not separate. The tenant uses too much water via (doing laundry every single day) and doesn't want to foot the costs. Aside from many issues, I decided i'm not renewing her lease nex...

Account Closed Curious about average time frame going from just thinking about RE to first purchase
3 March 2015 | 5 replies

Just wondering how long it took for you you purchase your first property    For me  it started while flipping channels on dish one night and a guru make a zillion bucks overnight Infomercial was on (I didn't buy the z...

Jason Krick Coin-Op Laundromat Plus Multi-Family?
26 June 2016 | 3 replies

I am looking at multi-unit on Monday.  What I do know is that there is a whole lot of renovation and reconfiguring needed.  There are currently 14 "rentable" units.  However, it is not zoned properly, the current owne...

Bennett Schwartz Appliances for Low end apartments
2 December 2019 | 13 replies

Hi BP,
I'm looking to purchase appliances for low end apartments and everyone says to get "renter grade". Any help on what constitutes as that? I get I shouldn't be paying a lot for them but how little should I be pa...

Ivan Lai Fighting back - CSC / Coinmach increased laundry fees by 9.75%
23 March 2022 | 47 replies

It's no secret to any investors and landlords out there that many laundry rental companies are unscrupulous.  Well, here's another example with CSC, who owns CoinMach.  Except this time, I'm fighting back.  The ROI of...

Erica Shaunta Thompson Owner financing deal on 8 units! Need help newbie
6 October 2017 | 8 replies

This is what the agent representing the property just sent:
Owner financing consists of two notes for property:
1.) Assumable 96 month term note at 6% subject to approval by note beneficiary.
Term remaining - 67
Bala...

Sam Leon Ceiling Fans Dilemma In Rentals
2 March 2017 | 25 replies

Being in South Florida where it's summer 11.5 months of the year it's nice to have ceiling fans to circulate the air in a rental and renters see it as a "plus" although I don't think it's a show stopper.My rentals are...

Wesley W. Floor plan advice needed on rental unit renovation
15 May 2017 | 9 replies

Hello all,I once again call upon the collective input of the BP community for my latest project.I plan on completely renovating the downstairs unit in a duplex we own. In my opinion the floor plan is terrible and the...

Jeffrey Myers Please Help!!! What do I charge?????
30 January 2023 | 9 replies

I recently purchased a rental property.  It is a four unit apartment building.  There are only two electric meters, one of which covers three units and the other covers a single unit.  There are three gas meters.  One...