4 plex style buildings with interior common area where entries are located. 2 down 2 up.Upstairs tenant, placed by HOA vice president. Other tenant placed by me. VP holds a real estate licese. His license is park...
TheManslaughterSlum
It's now for the third time that my water/toilet has been shut off. And it remains so for 3 to 4 consecutive days. This is within the past 3 months now. This third time, as of August 1st, 2023 (m...
Does anyone live and/or invest in Collingswood NJ? I live in Northern NJ and came across some nice multifamily units there. The town looks really quaint with charm, vibrant restaurant scene and farmers market and the ...
Do you rent top of the market , middle , or below average rents?
Here's my story:If you read the entire thing, thank you in advance :)My father, in his late 50's and with no prior real estate experience, began investing in local multifamily properties in Binghamton, NY where he liv...
Hello All - I'm currently facing a challenging situation with one of my tenants and would appreciate some advice on how to handle it appropriately.
Background: The tenant in question has had their electricity discon...
Hi BP Community!This is my first forum post so I hope I'm doing this correctly.My husband and I are closing on our first investment property on October 5th, a multifamily property with 4 units, one of which we will be...
Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...
Hello BP Nation - My business plan is currently built on a measured acquisition approach of purchasing only 2-3 properties a year (and planning to use BRRRR when possible). In the opinion of the more experienced than ...
We just finished renovating 1/2 of our latest duplex - see newbie rental diary#3. Problem is that the other tenant wants his place fixed up too and is complaining about EVERYTHING he can find. He says there are bugs ...