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Hello BP community,I've been doing some direct marketing for a driving for dollars list that I've developed and been adding to. Once I get a response from a seller that turns into a deal, is there a general purchase c...
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Is it worth paying membership fees for NAA or a state-level apartment association? We purchased a 60 unit apartment building in Charlotte, NY, and want to make sure we have a lease template that is thorough and protec...
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For LTR the general rule I learned was to save 10% of Rental Income for CapX and 5% for Maintenance and Repairs. What is the general rule for STR? You have to pay for broken TVs, new towels, etc. so I wondered if it w...
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We have two SFH in the Grayhawk neighborhood of Scottsdale and are looking for a great property manager. Any recommendations?
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Hi BP - I'm looking at recommendations for property management software. What is your opinion of best software for a small portfolio (less than 100 units) - primarily multifamily, some commercial (office/industrial)?S...
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I found an off market deal that needs repairs however is in a 3 acre lot, 3 rooms and 2-1/2 baths. There's no loan on the property person is planning to put it in the market because he doesn't know the value. I'm thin...
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Hello, I just set up an LLC for my second investment property. I plan to put both properties into the 1 LLC since neither of them have much equity. Someone once mentioned that it is common practice to set up 2 diff...
I'm shopping around for property insurance on a 2600 sf commercial building. I have it under contract at $110k but every insurance provider I've called is making me insure the building to $400k+ (because that is their...
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I'm looking at an apartment that will be going up for auction in Missouri in the coming months. Does anyone have any experience with buying multifamily or more expensive real estate at a Missouri Sheriff sales? The ...