I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
Hi All, I'm curious to know what was the most creative strategy you used in 2017 to fund an investment and what you had to do to make it happen?
Hi Everyone, I'm in the process of closing on a 4-plex in Oakland, CA and will be inheriting a couple of long term tenants. Only one of the tenants is on a current lease and two of the tenants are long term inhabi...
Good morning BP
I’m working on getting funding from a private lender. I was told this when I brought a few properties to the table. Is this normal practice? Sounds like they want my down payment and for me to sit b...
Hi BP members;One of the buildings I had purchased, had an issue with bed bugs once that tenant left. I used a pesticide company and they treated the apartment and also went to the other apartments in the bldgand veri...
In another thread in a different forum here on BP, the original poster had a dilemma of being three years behind in rent/utility payments.
A lot of the responses were irked (to put it mildly) at his gall at wanting ...
Hi,I am purchasing a rent controlled property in Los Angeles. I wanted to know if there is a way to get rid of one tenant. Is there anything I can write in a new lease to have them leave after one year of anything..Th...
Motivation is a tricky subject. One moment it ignites a fire within us, filling us with enthusiasm and drive to accomplish our most ambitious goals. The next moment it vanishes without a trace, leaving us uninspired l...
Hello,
Here it is. There's a house at the end of my street that is condemned, the owners were hoarders and have filed for chapter 13. I want this house. Not only to take control and eliminate the eyesore but to rai...
In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.Another reason why apartment...