Courtney Glass
Market analysis of a small town for self storage
I am looking to buy an existing self-storage facility in the Southeast TN/North GA area and just found one for sale. I am mostly just working on learning how to properly analyze these deals. I am struggling to figur...
Rick Santos
Help - Leases, first time landlord
Hello,Looking for some help from other Connecticut landlords on lease agreements and tips. I am in the midst of rehabbing my first investment property in New Britain, CT and am targeting to have it ready for rent/occu...
Julio Contreras
Seller counting unpermitted studio's rent income as part of the cap rate
Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...
Larry Sarner
Getting that first deal done
So I have a potential deal: Bank owned condo 2/2. Recent comps $280-290k. Bank is asking $199. rehab estimates come in at $57-$60k. I'm offering $120k. I'll probably get laughed at but factoring in the carrying ...
Leigh Ann Smith
Basis of Umbrella Insurance Rates
We have a quote for dwelling insurance for a SFR on which we are about to make an offer. It's with the insurer of last resort in Texas. I'm not sure that's the proper terminology; my husband is handling that part of...
Kuriakos Mellos
Bought unit w tenant: raise rent to market rate or raise slowly
I have recently bought an investment property ( a SFH) with a long term tenant in place: she has been there for years but has been locked in WAY below market rate. She has always paid on time and keeps the house in ...
Christian Aillon
Refinish enclosed rear porch? Do I need permits for this?
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
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Builder Closeout Properties
Hi,
How can an entity find and service these overbuild units on behalf of the developers? Is there any licensing requirement by the developers to the entities that service their properties. I'm assuming these TPM ge...
Claudia Saltijeral
24 Unit in Chicago Suburbs - seeking advice
Hello, I am fairly new to the BP forums but listen to podcasts regurlarly. My husband and I are buy & hold investors in mostly single families and a couple of 2 units. We have an opportunity to review an opportuni...
Christopher Cole
Separate mail boxes for new duplex
I'm closing on a house that used to be a single family, but was converted to be a duplex. There is still only 1 mailbox, however. It seems previously all mail went to the same box, and then the tenants split it among...