I just appraised a 48 unit, 6 story building constructed in 1965. It is located in a nice suburb of Boston but not premier location. Value based on current market data: $185,000 per unit, 11 PGIM, 5.5% cap rate.

Is...

Yesterday during the conversation with my investor, I was asked where I think the real estate market in Philly is going in this special time where people are afraid that the pandemic is going to kill their investment....

I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...

Hi all. Long time BP fan, first time poster. I own a SFH in Santa Barbara County (it's in an unincorporated area between SB and Goleta.)Ive had wonderful tenants since buying the property in late 2017 and have raised ...

What do you do if you inherit a month-to-month tenant with no security deposit? She has been there for three years and is never late on payments so I prefer not to give her notice.
I was thinking I would offer her a y...

When you have a relatively good tenant that pays on time, do you raise the rent?

This question prompted from this comment made on another thread:
Originally posted by "dafly":My two instances of not being firm enough...

I currently am investing in single family rentals. I hold all of my properties in one LLC. The other day a woman threatened to sue me for discrimination ( I denied her because she had ZERO source of income at the t...

Hello - a friend suggested tonight that my business partner and I apply for a Business LOC with a local bank and is connecting me with a person there to speak with. I'm concerned, however, about whether we have a chan...

My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...