Kevin Janssen
New Purchase with a Tenant
I'll be closing on my first duplex in about a month and will be inheriting a tenant on the second floor in which I will be occupying the first floor. Currently the tenant is on a month to month lease and getting a br...
Brandon M.
When to increase rents?
I am in the process of purchasing a small self-storage facility with existing tenants (no contracts), and everyone seems to pay different amounts for the same size units. Some have been there for 10+ years, and some d...
Eric Weireter
Section 8 Experience
I've got a vacant apartment in Carnegie that I just started marketing. I've had about 3 inquiries asking if I accept Section 8. Frankly, I never thought about it, but am curious to know the experience of other investo...
Trent Burns
Selling low priced properties on the MLS
Hi, I am about to get my real estate license in Pennsylvania and have a family friend that wants to sell his distressed property for $5000 dollars. This is not a lot of money for a property so he told me that he would...
Kumar Gaurav
Property tax suddenly increased by $4k
Hello,I was having a gala time back in late 2021 when I managed to refinance to a lower 2.5 interest rate on my OO MF fast forward one year to 2022 my property tax suddenly increased by over $4000 (from $11000 to $150...
Brian Plajer
LIHTC multifamily experience
Hello,
I am looking at a 32-unit property that is LIHTC (low income housing tax credit). Does anyone have experience with LIHTC properties? I am wondering how rents are determined and how often they adjust? Any oth...
Richard Mercado
Should I pull my Duplex off the Market in Durham - Covid-19 issue
I have a duplex in East Durham, NC that is currently listed on the MLS and the Tenant has requested no showings due to COVID-19. My agent says this is a "Showstopper" on getting the property sold. Should I trust him a...
Chuck Hupert
Utilizing a Virtual Assistant
Hello everyone! I was recently approached by a Virtual Assistant (VA) company with an offer to handle my companies lead generation (mainly cold calling, email marketing, and managing a social media presence). If they ...
Tyler Mehigan
Cats and Dogs and Pets, Oh My!
Hi Everyone, I hope you are having a wonderful day. Is it worth it to allow pets for rental properties to increase the amount of potential tenants or should I reduce risk of property damage/loud animals and not allow ...
J. Martin
1yr QUIT W2 anniversary. Lessons growing startup+ traveling world
It's been 1 year since I quit my W2 job with the help of BP, and couldn't be happier!As BP said, "Life isn't meant to be lived in a cubicle." I started the corporate world at $45k/yr, and left at $70K/yr. You don't ha...