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Just signed up after being an avid BP reader for the past couple months.
Trying to get started in the area surrounding my home in the Chicago suburbs.
Up until a few months ago I had no RE background, o...
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Hello!So I have been receiving many people reaching out to me that are finding me through BP. Some of these people are out of state investors and some people are local. I always take the time to talk to each of thes...
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Hi All, I had new tenants (students) move-in in September, and 1 week after moving in I had to let the water company in to change the meter. I couldn't believe what I saw! The place was party central!! Beer pong tabl...
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I've got my eyes on 2-3 apartment complexes on LoopNet that have made it past my BS filter. These all have a unit count in the high teens or low twenties. I have some specific targets in mind for cash flow and cap rat...
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Hi All,I am curious as to the average cost you guys will spend to make a unit rent ready, assuming normal wear and tear? I am nearing my first tenants lease, and have been speaking to my property management about the ...
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Tenants lease says nothing about smoking. She gave a deposit of $765 but smoked in the unit for 2 years. How much of that 765 can I charge her for cleaning up the unit? Need new blinds, paint carpet etc. located in Ohio
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My area is somewhat expensive when it comes to real estate. A quad plex just hit the market in my area for 500k. The units are 2/1, and the rent comes out to about 875 a month per unit, which is pretty fair given the ...
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I have a single family rental in a low- to middle-income area. The furnace is about 22 years old and seems like it may be on it's last leg. When it turns on, it can take 2-3 tries for the burners to light - but it doe...
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I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
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I just finished watching the webinar, "How to Buy Your First Duplex, Triplex, and Fourplex!" in which Brandon comments that collecting the rent in cash was "stupid." Can anyone enlighten me on why collecting the rent ...