Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, r...
Hi BP,
I've been searching forums but not sure who to ask about my situation. I'm a buy and hold kind of gal, with a goal of $5,000/mo net rental income. I'm about to buy a second investment sfr, but want t...
We put an offer on a multi. We're going FHA so the first floor was big enough for the family and in pretty good shape. The second floor was divided into 2 rabbit run units that were in need of some updates if we were ...
I have a great tenant, going on Year 4 in a SFH in an Indianapolis suburb. I did a 6% rent increase ($90) for 2023-2024 and did a less than 2% increase ($30) this renewal 2024-2025. New rent is $1680. The increases a...
Can’t invest in your own backyard? Out-of-state investing is the way to go! With it, you can invest nationwide, finding more cash flow or appreciation potential than you would in your local area. But managing a rental...
Quick background: I have decided to start building a portfolio of rental properties (multi family) mostly in the Boston area for now. After acquiring a couple of 6 and 7 family - 600K properties, I realized it is quit...
Is there a size level where a MH Park investor should hire a resident manager?
If I still work a full time job, one where I can't really just leave anytime someone's water line breaks, or complains about a loud nei...
Hi BG!After 4 months of having my investment property, I finally found someone to lease my rental property. My partner and I are super excited to have NEW Tenants and we're now able to reap the benefits of our propert...
I am still very new to this so please excuse my ignorance. What are the pros and cons to owning a rental property outright? It seems that cash flow would be significantly increased if you can pay a mortgage off, but t...