David Humphrey
Deal Analysis Requested. Novice looking for advice.
Hello BP,I've got an offer in on a deal currently that I would like some numbers looked over. If possible. Here's how it breaks down:It's a 4br/1.5ba in Akron Ohio with 1700 SF$22,500 Purchase price, offer at $18,50...
M. Malik
Upstate NY Lawyer for Collecting Unpaid Rent
We recently took over managing our own properties after a few years of poor mismanagement. During the process of our audits, we found a few long term tenants who were behind on multiple months of rent and were able to...
Danté Belmonte
Setting up a Syndication
21 years old and I have multiple investment properties. Now I am stepping it up a notch to create Syndications. My plan is to buy a crap shoot multi-family cash and BRRRR it thus returning all of my investors their mo...
Scott Sweeney
Need some advice on renting home or selling
I own a home with 140,000 equity and I'm trying to decide if I should continue to rent it or sell and use the cash to buy another property. The home cash flows $550 after the mortgage is paid. My next scenario i'm t...
Patrick Ng
Appraisals, San Antonio Investment Property
Hi all, working on closing a property currently. I originally went into the deal with thought I was buying under asking so I'd have some equity in the property in addition to the down payment in addition to cash flow....
Boruch Leivi Bartfield
First Time Apartment Building Syndication
Dear BP,I had a quick question:I have located a tertiary market in PA.I see a few 10 unit buildings that have a 10 CAP (at advertised) asking between 450-500k and NOI's of between 40-50k. On paper they have great valu...
Jackie Sladky
Would You Rent to Him?
We have an applicant who lived in another place nearby for 8 yrs and is looking because the property that he and his two teenage sons live in will be sold. He seems pleasant and is approaching 60, landlord liked him...
Jay Dean
The "talk" prior to signing a new tenant
Does anyone have a checklist that they would be willing to share for using when signing up new tenants? I am specifically interested in a list of tenant / landlord expectations, tenant rules, and a checklist that tak...
Vic Delgado
First Rental, Duplex in Lakewood, OH
Hi everyone!I'm looking to purchase my first rental property via live in house hacking and renting out the other unit of a two family in Lakewood, OH. Down unit is 2/1, and the upper is 3/1. I haven't seen the propert...
Michael Wallace
Self Storage investing!
I am an investor in Syracuse, NY, an area with lots of self storage competition and a few large regional players. I believe there is still room for more and I have been researching and hoping for a few years now. I ha...