Robert Steele
Raise rent or keep good tenant
I think I already know the answer to this but I just wanted to throw it out there to see what others think.
Assume you have a rental making $1400. Rents have increased over the past year and you could now rent it out...
Quentin Mitchell
Inherited Tenants (keep them or release them)
If you inherit a tenant and the rent is below what the market is but they can not afford market rent do you kick them out as soon as their lease is up or immediately if they don't have a lease or do you keep them on a...
Nicholas Sorace
What would be an appropriate rate for increasing monthly rent on my fourplex?
I have 3 units, they are on the older side but very well kept by the current tenants that I inherited. All units are in the $650-$675 range and average market rent is at $850. I would love to keep these tenants, but I...
Account Closed
Should I jump on this deal?
I found a 10 unit building 8 1bed/1bath and 2 2bed/1bath. in my local california area. They want 1.5million but it is completely empty! It’s great becuase I can get all new tenants in at market rent. But also scary be...
Rich Burnside
How Property Valuation is performed in Cleveland, OH
I'm looking at BRRRRing properties in Cleveland, OH. However, I'm concerned renovations may not materially improve the value of the home. While looking through the auto-generated list from my agent, I used Zillow to g...
Kalp Mehta
BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)
Hello BPCan you use BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)?
Shem Varhaftik
Does Multifamily/Commercial zone add value
I made an offer on a property today, but unfortunately, it was not accepted. I informed the seller that I would do my due diligence to see if I could get closer to their asking price. I wasn't unprepared—I had a cle...
Chris Pickett
When to do remodel
I have a primary residences that is in a great area that I’m looking to rent out within the next year or two. My question is, if I want to remodel aspects of it to increases its valuation does it make sense to wait un...
Ryan Brown
Evaluating my 1st Multifamily Deal
Hi All,
I
am nearing an offer on my first multi-family deal in Riverton, Wyoming. I am
doing my best to be thorough in my property evaluation and approach
this as a business rather than a hobby, but recognize I...
Rick Rolfe
Am I expecting too much?
Hello team. I am a first time property investor looking for a single fam home or duplex in the Cleveland area (Parma, Bedford, Bedford Heights) or Tampa area (Lakeland, Spring Hill, Seffner). I want to purchase a long...