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BP,I have a tenant that moved into a property Jan 2021. I did not raise the rent at the one year mark. The rent is $900.00 a month for a 3bed house. Rents have gone up drastically and after doing a market analysis the...
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Hi All,I'm getting tripped up on a vocabulary item and am hoping some folks from Colorado can chime in. I have a friend who asked me to manage his rental, but I cannot because of this:Everything I read says that you ...
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Hey everyone. Kind of a long post. I have a master plan that ends with me becoming a general partner in multi family deals and eventually becoming financially free. I will use my knowledge in the home inspection field...
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I get contacted almost daily by wholesalers with their next great deal, and it seems like 80% of them just make up ARV's. It seems like they just take whatever amount they want for the property, and add in some guess...
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I purchased a home in November 2017 and am putting it on the market March 1st - assuming that it sells fairly quickly, I'll have owned the house for under 2 years and will have to pay capital gains taxes (for referenc...
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I had a very nice couple apply on a unit today. They both work at the same nationally branded company and have been there 5+ years. Combined income in the $125K range. Both freshly divorced and starting over. They sub...
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I'm closing on my first duplex in less than a week. There have been long-time tenants in place and I would like to keep them as they take good care of the property (mowing and snow removal) but they will need to sign...
Hi all! I’m looking to get some advice on marketing and advertising. I just closed my first deal as a buyer agent, so I’d like to use some of that towards advertising. I already have plans for some nice business cards...
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So I follow the news and listen to the BP podcasts and the signs are clearly flashing danger for MF syndications - high interest rates and short-term debt coming due, constrained bank lending, slowdown in rent increas...
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My wife and I purchased a three family in Passaic County, NJ a few years ago. One of the tenants are part of the program ran by the section 8 program in Passaic County. The annual rent increase is limited to 3.5% a ...