New tenants moved in, and after a few days decided that they don't like an apartment. According to the lease they should pay till I get new equivalent tenants + 1 month rent. They continue living in the apartment. For...

I am in the process of purchasing a 2 multifamily with a huge 2br/kitchen/bathroom attic that i think can be converted to a 3 multifamily. How should I proceed?  Many thanks

Hello Community,I have a tenant who wishes to set up automatic reoccurring ACH payments on the rent for their unit. From their bank account into our bank account. Their bank does not offer this service in reoccurring ...

Hey all,First time poster and home buyer here. I've recently gone into escrow on a 3 bedroom 2 bathroom condo that I'm hoping to rent out a room or two to help out with mortgage payments. My only issue here is that I ...

If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...

Hi BP community,I am looking to connect and get some guidance from the BP family here.  I'm a recent college graduate with minimal cash on hand for the moment.  I have a plan, but does anyone have any suggestions on e...

How do you improve (increase) your ROI on cash purchases for hold and rent deals ? How about for BRRR?When I'm practicing analyzing deals I find that I CF but my return on cash is not impressive

Hello BP community! I have a flip going and am wondering what everyone's thoughts are for continuing work at it. We have been put on a "Stay at home" order here in Minnesota from our governor. We are 3 weeks in, the p...

What's a good rule of thumb for CAPX?

Hi, my name's Seth, I'm new to BP and a real estate investing virgin. I'm considering trying my hand at investing in rental properties in Chicago. Looking at hypothetical investment properties on Zillow.com (just to s...