I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
Okay,Admittedly, I don't hang out in every corner of the BP-verse, but from what I can tell, there's a very under-discussed topic, that we need to be talking more about.Maximizing cash flow on currently owned properti...
For repairs, do you use a percent of gross rent or do you use a flat number, like say $100 per unit? To me, it seems to make more sense to use a flat number since repairs don’t seem like they’d cost more in a 1000 sqf...
Right now my wife home schools our 3 oldest kids. Earlier this week, I had the opportunity to teach the math lesson. My kids learned the term Cash on Cash Return and then worked out the CoC Return for each property ...
Hi guys,can you please help me out?I have a tenant, she lives in one of my properties out of state (in Florida). I had to repair a roof leak+stucco, which cost me 5K this month, plus the dry wall with some mold on it ...
I am looking to get a head start on my first investment. My parents house, which is actually not for sale. They have been renters of the house for 16 years, since I was 4. The couple who owned it when I was little pas...
Hi BP Community,It's often suggested here that it's important to start with the end in mind. I sat down last night, set a goal (how much asset I'd like to have in X years), and punched in some numbers to figure out h...
Hi Everyone, Looking for some opinions here. I'm 29, married with two young kids, and a third on the way. Currently, we own a small house, and our mortgage balance is around half of what the house would sell for.. We ...
I own multifamily buildings with a lot of vacancies. In order to get the vacant apartments back on the market they need extensive renovations. I've done the calculations and it totally pays to renovate in towns such...
My name is Tony Piazza and I am a new real estate investor in Houston, TX. I've been an IT consultant for many years and made the decision last year to start my transition to becoming a real estate investor. I've been...