Hi All,Well, thanks to this blog, I decided it was time to dump the negative cash flow condo by the beach for a 7 unit multifamily that will cash flow about $100/ door with the under market current rents.  I just clos...

Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA.  I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...

We just went under contract on our first investment property which we plan to flip.  Its a large house in a nice neighborhood in need of some TLC.  We're using an interest only loan with 25% down.  In current market c...

We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...

Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.

To me, mold can easily be ...

First, I plead ignorance other than everything I can read about mobile homes on BiggerPockets and mobilehomeinvesting.net in about 3 hours time.  :)I own and manage a modest portfolio of MFR properties and have been i...

Good evening BP Colleagues.  Has anyone ever gone through a Lead Paint Remediation process before?  In my experience, if Lead Paint is proven to be present (and is disclosed), the property is labelled to the world. So...

Hello BP Community,I have a tenant who constantly fails to let contractors in when I have scheduled repairs. I want to renovate the bathroom in the apartment to install a ceiling exhaust fan and new sheetrock/paint. P...

Hi all,Wanted to recap my first multi-family purchase experience. For my previous success story check out my other post on 5 SFR we currently own. My business partner and I have been looking at multifamily units since...