Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
I have a rental duplex in Ohio which I was doing very well managing myself. Work brought me back to New York so I was forced to hire a property manager.That didn't go very well. For reasons I will not get into, I fire...
Ok,
So I'm in a situation where I'm short on time but might have a great opportunity. I just don't know and don't have the time to learn everything I can before going for it. Here is my situation....
I have a guaran...
I'm trying to find the best CapEx formula. I know that it can be calculated different ways. I know that the best thing to do is to make actual predictions about expected and predicted expenses rather than use back-of-...
Hi BP Community,I think I found a good duplex to purchase for house hacking that works number wise. This will be my first investment so I am trying to make sure it goes well to set me up for future investments. I di...
Hi BP,
Its been a while since I posted here. I have been learning a lot from all of you. :)
Here is what bothers me now. I bought a duplex in Sacramento 6 months ago. Since we put a new tenant in on the unit (the ot...
I thought it would be nice to have a collecting point for day to day money/time savers for rentals. Some things I do or have seen on the forum so far:
Remove storm doors.
Advertise rentals on craigslist
Remove or lo...
Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my firs...