Samuel Coronado
Looking at another park
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Linda Thomas
Tenant refuses to wear mask but insists on us coming for repairs
Hi,I wanted to know what everyone's thoughts are on this situation. I have a tenant that is insisting on some repairs. I scheduled a date/time to come inspect and go from there. I kindly asked her to please make sure ...
Darren Finney
Tips for analyzing deals on apartment buildings
Hello, I'm currently looking at a 10-unit low-income apartment building. I've contacted the management company and am waiting to hear back from them regarding their profit/loss, rents, and expenses. I would like to ...
Chris Lynch
Become a Real estate agent or Loan officer?
I have two opportunity's at hand.Over the past month I have been working on building opportunity ( Knocking down doors)I put myself out there like many here have recommended and it worked. My plan behind these jobs is...
Paul Bommarito
Legal 4 unit with 2 additional non/comforting units
Hi BP,
I have a question about buying a multifamily property with non-conforming units.
We are under contract for a very nice legal brick 4 flat in Chicago that we plan to house hack. However, the building also has ...
Kyle Robertson
I need to hear “I quit my job!” stories, please!
Hey y’all. I’m standing on the edge of the cliff of quitting my W2 job and I’m wondering if I can fly. I’m at a point now that many have been in before. I’ve been miserable for years in my career. Instead of letti...
Bryan Clement
The importance of physical fitness
Hello BP, Recently I've noticed my motivation to do things is declining, and after a serious self-evaluation, I've come to realize that a lot of my lack of motivation has to do with my fitness and eating habits. Does ...
Saurabh Patel
What are the great areas for a multi unit property investment?
Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in here. I am interested in investing in multi-unit properties like 2-8 units. The main questions I have ...
Matthijs Pol
Should I make my Long-Term 3/1 a Medium-Term rental instead??
Hey everyone first of all thanks for always responding to my questions! Very helpful.I have a Long-Term 3 bedroom 1 bath rental in Northaven just north of Memphis. It's a nice little neighborhood and the house is clea...
Peter Korty
What is the General Over Inflation of the MLS in Your Area?
Hi BP Community,
So I know that this has been asked/stated like a million times, but I didn't quite find what I was looking for as a newbie, so here it is with a little background.
I've been practicing deal analysis...