Michael Enriquez
Just Closed My First Deal!
BP family! I'm very excited! I just closed my first deal as an investor a week ago. After scouting the MLS for months I finally pulled the trigger on a duplex (1 bedroom over 1 bedroom) in West Philadelphia. It's not ...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Daniel Teran
First time landlord choosing between three tenants - Pacific NW
I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Garrett Hawk
Landlording in Class C Neighborhoods
I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...