Hello BP!!I am analyzing a three unit multifamily near the new west side/University Village area. I wanted to get opinion on what estimates do we need to make the following:1) Vacancy - I was thinking of estimating 5....

I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units.  I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions  and reasons...

Hello everyone,
So I will be beginning the process of setting up an LLC to transfer my first property into which I will be purchasing shortly. I was wondering (and I know that I need to speak to an attorney and an ...

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Hey BP, quick question about section 8 inspections. I have a rental property I purchased in New Orleans and I'm renting it out to a section 8 tenant. My inspection is next week and I have a garbage disposal that is in...

Is this a good property to hold? First time using rental property calculator on here just got the plus membership. So have some questions, Whats the difference between pro forma cap rate and purchase cap rate? My pro ...

Is there a Recommeded dishwasher that works well with rentals or something that stops the dishwasher pump from burning out? This has happened a couple times lately. I am guessing because tenants are not cleaning the d...

Title pretty much says it all. This is how I'm running the numbers while looking for a house hack. What could I be doing better? 

700 SQFT SFR and need recommendations for appliances1) House is plumbed for gas and has gas heat. Should we go with a gas range or radiant electric range? 2) Is it worth it to invest in a dishwasher? Kitchen is about ...

I tried searching up these key words but couldn't find much of a straight answer... if any BP members have 'owner pays' properties how do you/did you do the pros and cons analysis? 

I'm currently thinking of house ...