My wife and I have been researching and visiting small multi-family properties in the Worcester, MA area. We're finding opportunities in the lower income areas but it seems most, if not all, barely meet the 1% rule......
Hi,I had the fortunate event of having Eddie Speed frequent my portrait studio this weekend.His son had mentioned, to me, his famimly owned some land on North Texas during our photoshoot. Once I met Eddie, I mentioned...
Hi everyone:I have a no smoking clause in my lease agreements, which prohibits the use of the recreational marijuana. However, a tenant recently informed me he has a prescription for medical marijuana.I haven't been a...
Hi!We’re planning to rent our home when we move—but we know we will be moving out of state. Question is:Self manage out of state? OR Hire property manager and eat the costs until you have cash flow coming in? What’s t...
Hey BP!I now have an 8 unit property under contract in North Carolina. This is my first commercial purchase and first multi-family. I would like to hear from the community any advice, tips, or lessons learned for th...
I need advice or someone to talk me off the edge of the cliff. My tenant had been one month behind in rent since August of 2014. I realize this is my fault for renting with a heart instead of a business purpose and ...
There are many different types of landlords out there and they all have different personalities, perspectives and methods. If this is the case, each landlord has a different way of training their tenants. I'm not a ...
I'm analyzing properties that can be used as a long-short rental for 30-90 days at a time. Mainly for travel nurses but for anyone looking for the same kind of rental. Does anyone have experience with this? I've been ...
I got an offer accepted and I am so high I cant even see straight.I do NOT want to mess this up. It took me 2 months of spending my fortune to get this one.Can you lovely people walk me through this?What is next?So I ...
Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...