Im excited to be closing on my first multifamily deal coming up Sept 12. Its a 10 unit value add deal. Our plan is to get in, rehab the property, increase rents, decrease expenses and of course increase the NOI of the...
I am closing on a small multi-family at the beginning of June. It is a house with three accessory apartments: we'll be living in the main house and keeping the three existing tenants who currently have month-to-month ...
Hello, everyone. I plan to sign up for a free trial on this platform: https://urlbox.com/screenshot-api
After some reading about this, my idea is to:
- check which companies are selling in my area and create a vi...
Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...
Hi BP community,I am trying to figure out the direction I want to go with the rehab of my duplex. I can create an open floor plan by changing a bedroom into the kitchen and kitchen into a bedroom. Is it worth it? Open...
I gave my tenant a 60-day notice of rent increase, also mentioned on notice that he is required to respond with decision. Tenant has not responded at all. Can I evict once 60 days are up? or if he does end up paying t...
We are in the process of starting a new construction with a big name local builder in the area. We have selected the builder plan and options for the structural changes back in January 2024. During this process, the s...
Hey Guys..New on here. Let me know if I'm in the wrong section. Just starting out. But would like to chat with others that are successful with the BRRR method here in SD. I'm in carlsbad. have about 200 to invest...
I just acquired a fourplex in Duluth, MN that is severely under-rented ($600/mo). I gave tenants notice the day I closed (no signed leases). Some are leaving, some want to stay. Due to the time of year in MN Im wonder...
Hey BP!I have a good lead on an off-market duplex with a motivated seller. I plan on house-hacking this duplex, by moving into it from my current house-hacked duplex. This duplex is just shy of two miles directly east...