I bought a property in an affluent suburb of Metro Detroit recently. It was zoned for 2 units, it has been operationally 3 units for 18 years based on utility records (DTE Planning Department keeps extensive records)....

How exactly does a Sheriff sale work? Are they selling seized property from raids or something?

Hi all. Newbie here and new to calculating the deal.

What cap ex number or % do you use for calculating expenses on an apartment, or is there no cap ex for an apartment and instead is only maintenance and HOA ?

Th...

Hi everyone. I have a duplex that has below market rent on both units. I'd like to increase the rent through some kitchen and appliances upgrades. However, both units are cureently occupied and leased until October. T...

Hey everyone, I often hear concerns from wholesalers about presenting the MLS wholesale exit strategy to sellers, especially when they think the seller could just hire a realtor and potentially make more money. It’s a...

I have a duplex in Wisconsin and the upper tenant has just notified me that she lost her job 3 weeks ago and doesn't have money for rent this month. She said she has requested a check out of her 401K to cover rent but...

So I found this article both interesting and concerning.  Robot landlords are coming fast and will disrupt the rental market in my opinion.  Are we fighting a losing battle for future buys?  No big deal?  Will it affe...

I was informed by another tenant that the disruptive tenant moved out today. I checked the unit and its completely clean. He left only trash in the unit. He even swept it out before he left.He has my phone number and ...

Hello BP,  Right now I'm searching for a multifamily (duplex to quadplex) in Kansas City Missouri. I plan on house-hacking  and living there.  But, instead of living in one of the units, can I live in my 20' tiny home...

Hi BP Community,For discussion purposes only - News of the large bank failures and pending bankruptcy of the major real estate developers in China is looking serious.   If these massive developers do file bankruptcy a...