I've heard the horror stories from landlords about how the tenant they were evicting poured cement down the toilet, played hammer darts in every room, ripped out the copper, or left piles of garbage for the landlord t...
Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...
Hello B.P. community!I am approaching my closing date within the month. Just to give you some background, I am moving into my first investment property in Cumberland, Rhode Island from Massachusetts. I will be living ...
There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
Hello BP I have a friend whose renting a 3br/2 1/2 b apartment. 3 weeks ago a leaking pipe was discovered that was no fault of the tenant. A few days later someone came out, knocked out a few areas of drywall & al...
Hi everyone- I am a new investor and have an appointment to look at an upper/lower duplex. The numbers appear to workout at there current rent, but both of the current tenants are currently month to month. Is it too...
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
Hello BP
I am in the process of searching and buying a Retail strip center in the Greenville SC area so what do you guys think of that asset class performing in that area, What is the going Cap Rate there since retai...
Our home in Seattle was being managed by this property management firm since we are currently out of the country for work. In Oct , when a lease finished, nightmare began. Keeping aside all the management issues durin...
Evening everyone, I hope this won't be a very long post but please bear with me. I already introduced my self in the new introductions area so I'll just get right to it.
One of my buddies from college and I ...