Yes, yes they are squatters.I'm in the process of purchasing an occupied 4plex that has been on the market for quite some time (will be an exciting post in the Completed Deal Diaries forum once it's all complete). The...
I am new landlord and just bought my very first investment property and feel so excited to put the house on Zillow to rent asap. My local market for a similar house goes from $1700-1850, so I set mine at $1700 hoping...
Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
Background: I have located a quadplex in a low-income neighborhood with NO tenants. The seller is trying to get rid of the property because he is having trouble remodeling all the units in the quadplex. He reported...
Hi All, I am a new STR owner in the Phoenix/Tempe/Mesa area. I have set up my listing on both Airbnb and VRBO but I haven't received any traffic on Airbnb and on VRBO I received some inquiries and booking...
Hello BP!I have a few questions for my Illinois landlords and anybody else who might have some input.Gov. Pritzker announced last month that the moratorium will end by August in Illinois. This has been long overdue a...
So here is my scenario. I own an investment property in Louisville, KY and I am looking to acquire adjacent parcels (specifically 2) in order to develop and build 50-70 units. I have made contact with adjacent prope...
Aloha everyone. Newbie here. I'm looking to make my first purchase also. Not so sure which way to go, househack or turn-key. Next year in 2018 Ill be able to leave DC area and take my job with me where I can go house...
Hi All -My name is Angel Vargas and I am proudly a new member of the BP family. Unfortunately, I am from a tenant friendly state (NY). And while I am not new to out-of-state real estate persay, I am new to out-of-stat...
My partner, who is a dentist, and I acquired out first commercial multifamily back in February. I have been intrigued by the possibilities of cost segregation to increase depreciation and insure that we offset our inc...