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Turnover is a killer. What is your average turnover? There are definitely differences depending on the type of property (SFH, Duplex, Tri, Quad, 5+) and regional variances.
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What does the BP community think about assessing tenants a $25 fee for any contact they leave on your management hotline. A "response" fee. Any time they call you bill them $25 UNLESS it is to report water or fire dam...
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I told them when they moved in the hot tub and AC were luxury items that came with the house, but if they break I would not be repairing or replacing them. I can't recoup the cost of a 15K hot tub replacement by raisi...
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Hey there.I'm brand new here and trying to get into real estate after a needed career change due to the pandemic. I'm specifically looking for a STR property. I've done my research and narrowed down to a few locations...
Hoping that someone here can recommend legal or consulting help for a tenant situation in a rent-controlled unit in Berkeley. My daughter has been renting a studio in a 5-unit converted SFH for the past four years. ...
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Howdy BP,
Kindly seeking advice & feedback on a deal we have privately received as of late: not sure to ditch or ride the storm!It is an off market, value-add, 6-unit multifamily complex with spacious units in a ...
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I'm currently a college student looking to get into REI. My credit score is 729 and my financial partner's is a quite bit lower. Currently neither of us are in a position to get a personal loan for 50k since we got la...
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Hi,Need some advice - I've found a good deal in Philadelphia. Purchase price is 55k and the house is in very good shape, currently rented. Looking for a conventional loan that will loan me 45k, every mortgage broke...
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Hey guys! Trying to consider the best financing/investor options for my first land development deal I just placed under contract in NC, and would love insight from investors that have prior experience. Here's the deal...
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I have a tenant wjo hasnt paid rent in months, I offer to forgive back rent plus 2 free months ( wanted for her to ha e a house for Christmas and fistr month of the year) we sign a new agreement. she called said she c...