Hello all,  I am curious how exactly banks will appraise a multi unit commercial property.  Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct?  Is there an exact formul...

Example: If I buy a 4bedroom property that has a market rent rate of $750 and have a rental lease agreement to my wife for $1,000 who then sublets each individual room for $250 each totaling $1,000, would the initial ...

I recently purchased a rooming house, and I'm looking for some advice for how to maximize my profits and minimize headaches. It's a 9 bedroom house in Seattle, and currently fully rented out to reliable people who hav...

I have noticed the banks are still bidding in some cases well below what was owed on the mortgage at the sheriff sale. If you were to go to the homeowner could you purchase the property for that lowered amount? Is the...

It seems like everyone has an emotional pet, or service dog or so on. And sometimes 2... i feel like theres a lot that are legit and then a large handful that's just complete ridiculous.
Am I write that I read that y...

Hi all,Does anyone have recommended Property Management company?  I recently purchased a duplex that is currently managed by a large Madison property management company, and just from looking at the condition of the p...

Hi,I've recently joined the BP Community, reading real estate investment books, listening to podcasts ect. I'm currently working with a real estate agent to find buy and hold properties. I have some cash available to ...

I am in the process of finding a new management company, and came across a contract referencing "procuring cause". This would allow the management company to collect fees on any tenant that stays in a property that th...

Hello Everyone!
It’s time again for us to get together for a BP Minneapolis Meetup! Thanks again @David Plaunt for coordinating last time and doing a great job facilitating introductions and being inclusive. Location...

 Hello to the BP community, and thanks for the great podcast content that has brought me to these forums.SITUATION  I'm a 35y old sales professional with a 60-80/hr work week. As such, my main focus with my re-entry ...