Tyler N.
Our Tenants brought home a Baby Pit Bull
Hello Bigger Pockets Community. Thank you in advance for your insight and discussion.
We are beginning Landlords and living in one of our investment properties (duplex). Our upstairs tenants decided to buy and bri...
Tandi H.
Evaluating a 10-plex - first time with larger properties
I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
Bruce L.
How to deal with questionable and demanding tenants?
Hi all,We are having issue with our tenant and not sure how to deal with her. Late last week, she contacted us and stating that the upstairs toilet is leaking, through the floor and the bottom floor ceiling. On Monday...
David Kuhlke
What's a good cap rate for an 11 unit apartment in the Midwest?
Hello BP,I'm looking at a deal, and I need help determining what qualifies as a "good" cap rate for small apartments in the Midwest.Here are the details:11 unit apartmentAsking price: $1.4 millionMonthly rent total: $...
Kasia Harmata
What am I doing wrong in my analyses?
Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...
Anna Buffkin
The Ugly Side of Investing: When everything goes wrong!
Long post warning!!
While there are plenty of success stories, everyone likes to hear about the struggles especially when its not them. Here is my tale
It begins pleasantly enough August 3rd. My husband's aunt had...
Matthew Insley
Raising rents on inherited tenants
I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
Keoki Kimzin
Inherited tenants: Keep the 20-30 yr tenant hoarders?
BPers!I'm closing on a 4 plex in a C neighborhood. Two of the tenants have fairly maintained their units but the other two have trashed theirs (hoarders). Both of these tenants have been in the units for 20-30 years...
Jonathan Roveto
Our HOA president is kind of... not suited for the job
Wow, I didn't know we had this forum! Anyhow, it would be great to get some advice from people. I joined our HOA's board this year. We have 3 people who have been on the board for years, 2 for one year, and me and ano...
Seth Mosley
How much for repairs and vacancies
Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...