Hey, I've been house hacking my first property where I lived down in the basement with it's own kitchenette, bathroom and laundry for the last 1.5 years. I'd had 5 tenants share the rest of the house which has been a ...
In my opinion, it is better to get a property rented quickly (even if it means reduced rent) than it is to get it rented for the highest amount possible. Vacancy is VERY expensive and can destroy returns, especially i...
Hi allI’ll jump right into things. Context:I have a 3 bedroom condo 2 rooms are rented out. Tenant A is an A+ tenant Tenant B is a C+ tenant. I used to occupy the third room as a house hacker, and am planning to re...
Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
I wish this post was under better circumstances, but I hope everyone, and your family and friends are staying safe and healthy.
Phil Ting a California Assemblyman just introduced a new legislative bill in light of Co...
Hello, I’m interested in lowering our water bill at one of our investment properties and I’m looking at replacing our old washers with more water efficient models. Has anyone done a total cost of ownership analysis of...
Good afternoon!! Would anyone know of a company that analyzes a property's water usage and then installs new appliances to mitigate the cost? I found a company a few months ago but failed to save the information. I ha...
Hello BP Community! I’m planning to begin the construction of two units on my single family rental property that currently houses a tenant that’s been there for the last 6 years.
The two additional units will be det...
Hey there everyone. I wanted to share my story because it seems that this business, if done consistently, can be very lucrative. It has some room for error and you don’t need to be a genius to do it (as I have prove...
Hi! This is my first post, so here goes. I just bought my first 4-plex. It's in Cedar Rapids, IA. The purchase price was 113,000 and I put exactly 20% down. Each unit rents for 495/month... quick math would make one t...