I just finished running the numbers on a 24 unit complex. Property has been on the market for over 200 days. Asking Price: $888,000Gross income: $114,692Tax: $9917Insurance: $7000Utilities: $19,324NOI: ($15,000)Occupa...

Hi everyone,I'm assessing my options to scale my portfolio from my current two doors.  Right now, my properties are conforming pretty well to the 2% rule, but I'm weighing the option of refinancing the properties to l...

How can you tell if an area that you're looking into is great for flipping, the BRRRR Method or long term rental?

A friend has a rental in Iowa. Carpets were about 6 months old when the current tenants moved in 2-1/2 years ago and in great shape.Since you're a landlord, you can already guess they are moving out and the carpets ar...

Hi,
We manage 23 units, it's a small family operation. We don't want to hire property managers and last year I talked the owners into using a rental management platform. We used RentTec. I don't like that there is no...

Hello, My name is Wendy and I am new to real estate wholesaling. I have been very confused about where to find wholesale contracts in the state of Minnesota. Does anyone know where I can find these contracts? I apprec...

I am planning on adding more support to the main support beam in my two buildings. I am planning on using 6x6 wood beams that are graded for ground contact. I will put them on concrete supports. The support beams a...

How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...

Occasionally we have applicants with service pets with a not from a physician. Wanted to hear what other management companies or landlords are doing. Thanks!

We just vetted a company for property management that mentioned each PM has a book up to 200 doors. This seems like a LOT but I have no context. Can BP provide any insights?