Michael Perry
Is success with turnkey properties actually possible?
So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at leas...
Ignacio Rosenberg
Raising rents on acquired property during COVID
Hiya all;We're closing on a property in the next few weeks and struggling with balancing the business and the human side of what we do. The property has tenants in place but are between $130-200 / mo under market at ...
Scott F.
Do you reward your Residents at their lease anniversary if so how
Do you reward your Residents at their lease anniversary, if so how?One of our policies is to reward a resident at their lease anniversary with a gift card to a very large national retail store in our market. The longe...
Paul Winka
Property in service, and how to deduct repair costs now?
I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...
Shenay Russell
So, my first deal has been a total disaster so far...
previously posted this but after looking around a little more, I think it belongs here...Hey BP!Like many others, I have silently stalked these forums for months on end, Read and re-read posts of everyone’s advice, su...
Eric Hathway
My manager is advising against repositioning my new multi.
I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...
Mike Nelson
Finding a general contractor for first rehab...
Over the past couple of months my partner and I have came very close to actually going through with a rehab. Well last night my realtor told me about a property that his family member was selling and was willing to en...
James T.
Estimating ARV for 2-4plexes & deal analysis
Hi everyone,My name is Jimmy and I’m a recently new member and Pro member! I’ve been listening to the BP podcast and BP Money podcast for months and reading many of the books recommended on the show. I love learning a...
Troy Norwood
Buying Bank Owned Properties That Aren't on The Market
Hello BP Fam!! While generating leads for buying and holding here in South Florida I always run across vacant properties that are bank owned but are not on the market. For instance, i'll be driving for dollars and run...
Roy Marks
Advice needed to prepare for as-is sale - West Hartford, CT
Hi everyone,
My parents have owned a 3bd/1ba investment property in West Hartford, CT for 20 years. The property has been rented for nearly this entire time.
The house has a good amount of deferred maintenance, is n...