I am getting ready to purchase this duplex for the intention of hacking to get out of debt from my early 20’s. The current tenant in there has been in there for 15 years! She’s sweet, kind, doesn’t complain much and r...
Hi, I just acquired a duplex. I live in one unit and rent out the other. The other unit was acquired with a rent $400 below market rentals in the area. Im brand new to the game and I dont know whether i should just te...
Hello BP Community,I am in the process of scaling my business and am looking for wholesalers and bird dogs to work with. I would prefer experienced wholesalers, but newbies are welcome as well. I am also looking to wo...
I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...
Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...
Hello! My wife and I are currently in the process of closing on our first duplex in Milwaukee, WI. We are planning on house hacking, and the lower unit currently has a tenant who has been in the place for the last 25 ...
Hi everyone,
We purchased a property in New Jersey a few months ago, with the rents very below market.
Now we're ready to raise the rent, and my question is, how much is it fair to raise at once? We're not going to ...
I was wondering what other Landlords are doing about raising rents. Do you only raise rents when your costs go up? Do you raise them to be close to market rents? Do you raise them yearly or rarely raise them?I have...
How I Took Tenants From the Competitors
Recently I initiated a discussion about how I was more competitive without debt. Most replies challenged and dismissed the philosophy.
This is examples of why I was successful...
I'm visiting with an insurance guy tomorrow to discuss moving my properties under a commercial insurance policy. As part of that, to get the rates we discussed, I would need to bring my personal insurance over as wel...