I am trying to think of ways to get incentivized and get paid based on high occupancy rate and was hoping to get some feedback here. Obviously high turnover and charging 1 months rent to lease a space is bad for the o...
In February of 2016 I closed on my first single family home. I have lived there and I have rented 2 rooms since day one living almost for free myself. I paid $150,000 and now it is worth an estimated 185k-195k due t...
I am a new investor and looking to buy my first property and scale out soon after. I was trying to understand if there is a difference in tax benefits for the rental income if the property is a 4 or less unit or a 5 o...
Okay - closed on our first 4-plex last August and now we are looking at an opportunity to expand rapidly into a 70 door apartment complex. The seller has offered to put up approx half of the down-payment, we have $10...
3x 4 unit buildings. Yearly rent is $93,900. Sellers want $1 million. They don't have P/Ls etc. They inherited from father and these properties are slum but in a great town where a SFH 2/1 800 sqft rents for $1100. I'...
Property is very well maintained, and move in ready. Owners will likely not accept anything less than full asking, or somewhere near, I have included graphics for four different scenarios though:But essentially - is i...
I'm in negotiations for a 12 unit in Cleveland right now, and will be raising 150k to go towards down payment and reserves. Our plan is to lower expenses for the building (gas is in landlords name now etc.) make mino...
Hey BP Folks! I have started to play around with the Calculators and I don't know if I am doing something wrong, but how does it make sense to invest in the Los Angeles area? I am using a listing for a triplex in Nort...
When conducting a BRRRR of a property that a bank only allows a commercial mortgage on (4+ units), the ways to add value are much more straightforward than a smaller multi-family. I want to use this post to give a lit...
I know someone trying to off load some properties. They were inherited by the family and I guess they cannot agree on the day to day operations of being a landlord...so they want to sell. I do not have specifics but m...