Hey BP community,I have a quick question on insurance prices. I was wondering how much I can expect to pay for insurance on a $220K fourplex. I understand that a lot goes into quoting an insurance cost, but I am jus...
As many of you know, I bought 154 units in Garland TX. We've changed the marketing and now are down from 19 to 3 vacancies, or 2%. Any one have stats as to occupancy levels in Dallas area, and rates per square foot?...
I have a tenant that has been renting from me for 32 months (was a 2 year lease) without ever contacting me for maintenance the entire time and on time with rent every month. After realizing their lease was expired f...
Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
I am a fan of buying in markets that are rising, easiest way to make money. One indicator to watch for is building costs rising.For example when I was buying in Atlanta in 2011 building costs were $18 per sq foot, tod...
I own a couple of SFR and I haven't consistently raised rent the last few years. I've readjusted the rents to just under market while vacant. Both are in relatively strong rental markets (Los Angeles, Tucson). As a la...
Hi everyone,
Considering switching to National real estate insurance group. I like the ability to be able to have the policies in one place grouped together. I noticed a few threads on here complaining about reasonab...
Hello all,
I am a new investor thinking of purchasing a condo as it's the most my cash on hand can purchase. In your experience, has condos gained much equity after updating the kitchen and bathroom? This won't be a ...
What do people think of $15 min wage? What effect have you seen in those places where the law is already starting to change?
Hello,
What is a good and (if possible) kind way to communicate to tenants that if they were to renew the lease, the rent will be increased at the legally allowed rate, which in this case is 10%?They are currently in...