Hello BP community!Without too much backstory, I have a question. I currently have 2 tenants in my LTR and they’ve been nothing but fantastic. Unfortunately, it was a couple and they just broke off their relationship....
I have seen more than 100 posts asking questions about how to do mass mailings. Often people seem to think it is all about picking the right color, right day of the week, right size, right postage, right nickname, ri...
1st time landlord here. How do you weigh co-tenants credit score and employment? Should each co-tenant qualify individually? We're requiring minimum 600 credit score and monthly salary that is 3x monthly rent. I have ...
Basically, I want to make sure that my tenants will be able to pay if one of them ups and leaves, disappears, or gets hit by a bus.Is it ok to require minimum income of 5x for household and let's say 2x for individual...
In July, the U.S. commercial real estate market experienced mixed results, with property price gains slowing, particularly among individual investors. High interest rates and dwindling capital reserves have led smalle...
In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...
Pretend you lost your job..What if any loans are available for an individual with 20% of his purchase price+closings and reserve funds but no W2 income. Pretend you have been a real estate agent for under 2 years so s...
Hi all,Just found this site and am very anxious to explore all it has to offer. I have a quick tax/IRA question. My wife and I own a 4 unit building that we reside in. We are both also self-employed in separate busine...
I've recently purchased an absentee owner list. I've placed some postcards in the mail today. Was wondering who has had luck with a list as such. Any good pointers? Do's and Don'ts?! Thanks in advance.