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Hi my fellow BP community!
I originally joined BP, thinking that my strategy would be to invest in out-of-state MFU for cash flow (i.e. Ohio market) as entry-level in my market of Los Angeles was too unattainable w...
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Hi -- Let me start with the back ground before I get to my question. I just recently purchased an investment property. Shortly after taking possession of the building, I increased the rents. I gave them the requir...
Hello, I live in Montgomery County, MD and about 3 month ago I rented my basement to a single lady. I gathered one month security deposit and first month rent at the day of moving. After the first month she stopped p...
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I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
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Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
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Hello everyone! I'm considering pursuing rental arbitrage in Irvington, New Jersey, and I'm curious if this is a viable strategy. Has anyone had experience with midterm rentals in Irvington? Also, does this market typ...
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Hi, my husband and I recently became landlords after a new job took us out of state. Long story short, we wound up with only about a month to decide to move, rent out our condo, and move out of state. Thankfully we fo...
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We have a 2 unit building that we have lived in for 10 years. The renter lived there before we bought it. It was/is our first place, the renter was clean and worked a stable blue collar job, and it was easy to keep ...
Hi BP Community!I need your help! As of yesterday, I'm the winning bidder on a property on Auction.com. I drove by the property yesterday before bidding on it and it's still occupied. Looking at the register of deeds,...
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This is an update to my post "Desperate in Memphis" from December 28th!Great news! We booked our second tenant (in my duplex) at $650 on a one-year lease to a young couple with solid income, excellent credit backgroun...