Just wanted to share with the BP community a couple of tips that came into great use while screening a perspective tenant:
1. If available online, check with the county assessor who actually owns the property...
For those who actually own these type of properties, or PM companies as well.. What is your experience with cash flow and vacancy? Do the duplexes do better, or the tris or quads? Very interested in hearing your exper...
I know how much @Joshua Dorkin loves Detroit, but in light of the recent BP article highlighting the best markets for REI, looks like Detroit is ranking pretty high. I have heard Kathy Fetke say good things about Det...
I have been investing in SFH (fix/flip and fix hold) I came across a small retail space that I am considering. it is about 1500 sq and listed at 40k and need 10k in repairs. it is devided into 2 spaces 900 sq rented t...
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
I am looking into my first property in Philadelphia. It's a duplex being auctioned at a Sheriff Sale. Its in foreclosure and starting at a great price. I know it can get bid up and have worked on calculations to see h...
. . . If you don't have a Permit (Yep, click bait, but I gotcha) Here is the actual Report - it's not really so bad.
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New short-term rental curbs take...
Hello,Long story short: Tenants didn't pay last month's rent and damaged carpeting with smoking (prohibited in lease) and other stains, left significant junk to be cleaned out and some other damages. Prorating the n...
In August of the this year my business partner and I should have over 50k in cash, and would like to enter the real estate market with a good foundation and knowledge. It's a bit hard because when reading one book abo...
I am a soon-to-be new landlord and have trouble finding answers to some questions I thought would be easier. I will most likely pay for water, sewer, and general trash. Where do I find an estimate of how much water, s...