Mike McClung
The real deal about Detroit...?
Hi all,
I'm a newbie out-of-country investor (American living in Singapore). Been using the internet to check out REO markets across the US, and Detroit keeps coming up where you can get the most house for the least ...
Abdul John
Is No Bathtub Really A Deal Breaker?
I am planning a remodel of the condo I currently live in, with plans to rent it in about 4 years. Its a 2 bdrm 1.5 bath ground level. The complex is townhouse styled with about 200 units. There are some families, but ...
Patrick Howe
Water Metered VS. Non-Metered
So I recently received my first water bill from the City of Chicago. My building does not have a meter so I am billed the standard rate for a 2 unit building, it was over $900. I was wondering if anyone had any experi...
Matt Ryan
What "Personal Touches" Do You Offer Your Tenants?
Greetings!
Like many BPers, I own a few rental units (2 4-unit buildings) and manage them myself. I run my business professionally, I take good care of my properties and like to think I treat my tenants well. I belie...
Brad Hunton
Advice and Critique of my STR/MTR
I have always been a LTR investor and decided to convert one of my properties to a short/mid term rental. I am currently hosting to a guest that booked for a month and will probably be extending his stay but I am just...
Samson Kay
My Agent just told me a 4 family owner occupied in Chicago is impossible to cash flow (if you don't own a flak jacket.)
Two trips to chicago, and 14 showings later, my agent dropped this little bomb on me.
"Given your commute and this market, a 3-4 unit building isn't going to cashflow enough to cover your whole "nut", you're ...
Nik S.
NEED HELP!! ASAP! WATER ISSUE AT APARTMENT BUILDING! PLEASE!
Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
Jeremy G.
Unlimited amount of prospective tenants, is this normal?
I have posted 2 apartments for rent over the past 2 months and i get absolutely bombarded with emails and calls expressing interest and asking to set up showings, I am overwhelmed.I just recently listed a 3 bedroom ap...
Wendell De Guzman
How To Buy & Sell 1,000 Properties At A Time
This morning an opportunity fell on my lap (well...to be exact, the opportunity was emailed to me). It's an opportunity to buy and sell over 1,000 REOs that are NOT on the MLS. This opportunity came from a credible so...
Dennis Williams
Multi Family Value add list
Hello BP members!! Just wanted to start this forum for new and seasoned multi-family investors. Base on your experience, what value adds do you look for when evaluating a multi-family property?For example (try not to...