Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...

Hi there BP community. I was curious if anyone out there owned or are investing in beachfront property or property near the coast and how covid has impacted you. Whether you air bnb, rent it out (seasonally or year-ro...

Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...

My dad just sent me this link.

http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/

What do you all think about the REI market in Detroit after...

Hi All,I'd love to connect with landlords who previously hired property managers. Specifically, I'd like to understand what the hardest parts of finding a good property manager was and why you decided to go with a pro...

As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control.  It is shaping up to be a majo...

Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...

An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...

The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....

So, I'm looking for a STR for an upcoming weekend, and I really don't think I have noticed this before - to this extent. Fees are way up. The nightly rates are fine, but when you look at the total, everyone is adding ...