I am in the process of screening tenants for my first single family rental in san angelo, Texas. My ideal applicant seems like a really good fit and has passed my screening process with flying colors, but she has a do...

Hi BP,I have been running into this question a lot as it seems that the location I am investing in most leases are month to month.  This particular duplex I am looking to purchase is fully occupied collecting rents at...

I know someone that have just undergone a on a 3-flat in an increasing value area in Chicago.  2 of the units are already rented out, and the 3rd is owner occupied.  Their plan is to live in the garden unit, and renov...

Hello everyone,Newbie here. I was wondering how the process goes of renovating and increasing rents goes in terms of the conversation with your tenants. Do you just complete the renovations and just notify them that r...

5 UNIT

700K PURCHASE PRICE

RENT 67,500

EXPENSES

TAXES 16,500

UTILITIES 3,500

INSURANCE 3,250

HOW MUCH should i allow for cap ex, repairs, vacancy

thanks JJ

I have two properties which I'm currently thinking of installing central AC in.The install, unit and labour is about $2500-3500 through my GC.Now of course IF I install the unit I will increase rents. From other landl...

Context: House hacking with an owner occupied single family dwelling. One of my tenants lease will be up in June 15. Currently, month to month rent is the default option after the lease expires. I'm wondering if a) I ...

My best deal was my most recent one.  I was fortunate enough to have a client that owned a number of properties to bounce ideas off of when I started.  One thing that I always remember he told me was... "Your 2nd deal...

I've done some BRRR deals to add value to my properties with good success for properties in Southern Alberta.
I'm curious if there's any appraisers/flippers here can comment on:
1. Other than using comps, how are pr...

I've been looking at multi-families, and few ever get close to cash flowing with my specific circumstances, but there are some properties that could work... but only if the rents were increased. So I was wondering how...