Taylor Burns
Realistic First Multi-Family Apartment Purchase
Hello BP!
I am working on building my specific criteria for what type of multi-family deals I want to focus on. I am looking for feedback on what number of units is realistic for a first time multi-family purchase. ...
Cara Graca
Plan to Buy Two VA Home Loan Properties in 1-3 years
My husband and I are looking to purchase two properties with the VA loan over the course of the next 1-3 years. We would like one in the $150,000-180,000 range and one in the $220,000-240,000 to comply with the $417,...
James Denon
Small Unit Turnover Cost $2400. Need advice/help
Looking for some feedback for what I consider a pretty bigh bill for apartment turnover: $2400 for a 800sqft 3bed 1 bath apartment. It has a small living room. The apartment is in Springfield Massachusetts area. Lower...
Jesse Lewis
New Real Estate Agent
Hello everyone. I am scheduling the course I need to take in order to become a licensed real estate agent. The goals are....#1. Use this profession to get as involved as possible in real estate. #2. Raise cash to...
Andrew Taylor
Found a (Great?) Deal - Now What?
Okay, so I've located what appears to be a great deal (see my post on the deal analysis here). I've got my wife's buy-in, and in fact she is taking a day off this week to view the property and meet the seller with me....
Sara Shinn
How to deny a tenant request for modification to property
Thanks for any and all feedback you can provide on this one! I had a tenant text me recently requesting for us to paint a part of the walkway that leads up to stairs because its uneven with the parking lot concrete. W...
Glen Wiley
renting washer and dryer
What do you charge to rent a washer and dryer to your tenants? I just signed a lease on a SFH that includes $30/month for each device to rent (not rent to own). Bought new for $450, I figure after 15 months I will get...
Orlando Kell
What is proper order of rehab work?
Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing ...
Richard Keiger
Lease agreement (big) discrepancies
I have a fourplex under contract. (Yes, I am a newbie...). 100% tenant occupied. Seller reported all long term unexpired leases and gross annual income $44,280. I received the lease agreements. Two are expired. Rent a...
Jacob R.
Dallas Duplex Drama!
Good Evening BP,I'll start with the expenses:Mortgage (principal and interest): $1426Insurance: $146Property Tax: $218Maintenance/Vacancy/CapEx: $326Total Expenses: $2116Currently I am living in one side and renting o...