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BP Fam,I have a 4 unit under contract and I'm looking for a bit of advice on the best way to purchase this property. The property is under contract for $318 and needs $55k in rehab. The ARV is $485k. I will be BRRR...
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Hi BP family, Does anyone start off a new tenant with a MTM term or maybe a 3-6 month lease before committing to a full year lease ? In an effort to make sure you are happy with the tenant and is a good fit ? I Ha...
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Good morning BP community, I am trying to complete a deal with a senior care business looking to expand their operations. The business has several properties in the state and the owners want to add 3 locations per yea...
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My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
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When analyzing a deal, should one factor in future appreciation, annual mortgage reduction, and tax savings from depreciation (offsetting other passive investment income) when calculating ROI? I am looking at a prop...
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As a limited partner, what are the things you want to hear from the sponsor?Plus, what parameters and specific numbers you look for in an offering based on location(Ex. San Diego - 8% COC ; Illinois - 12% COC etc. etc.)
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September 2021 Market Update for Austin, TX MSA
September 2021 statistics have been released for the Central Texas Housing market. There was another decrease from the preceding month but a strong continued increas...
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Hey everyone, I recently was approached by a potential tenant about using section 8 vouchers to cover the rent. I'm not opposed to this strategy however, after looking into NC section 8 state rules/regulations, I have...
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Can I write a lease with a 30 day option to cancel if the tenant is problematic? I’m in CA if that makes a difference.
I had a bad last tenant who was butting heads with the HOA & it was a lot of headaches for...
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Hello BP! Im looking at investing in commercial retail real estate in the suburban metro Detroit area and trying to find a solid broker/advisor. Does anyone have anybody they would reccommend in the area? Specifically...