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I'm pretty new here and would love a 2nd (or more) pair of eyes on the following:I have started due diligence on a 4-plex in South Salt Lake, Utah built in 1899. Purchase price $315K. Rents are 2- 2 bedroom 1 bath un...
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Never invest a dime in a real estate deal until you ask these 38 critical questions:1. What happens if you get hit by a bus?2. What do you project the stabilized occupancy to be?3. What’s the median income for current...
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Hello,I am having a little trouble understanding the nuances of a capital growth strategy, as opposed to, say, strict buy-and-hold. I guess I don't quite see specifically what IS capital growth and what is NOT capital...
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Hi BP community,Is anyone charging a non refundable cleaning fee at end of lease or taking one out of the deposit? I am thinking of writing one into my lease. That way at the end of the lease I can line someone up ahe...
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I have a 16 unit apartment complex. All are 3BR 3BA. I am thinking of changing the interior doors to smart locks and renting each room out. I will start with one building at a time. I am wondering if anyone has experi...
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Hi, I'm looking for input / review on working with US Real Estate Equity Builders (USREEB) in Kansas City, MO. They do mostly turnkey-ready investment homes. Thanks for any input on this company.
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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
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Anyone from Minnesota invested in turnkey properties out of state? If so, which ones and how has your experience been? I would love to get some feedback as I am doing a lot of research and talking with companies in In...
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We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...