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Hello everyone,I am getting ready to make my first home a rental property. I know that one of the first tasks is to obtain a licensing for rentals in the city. I was hoping to find some people in here that have proper...
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Hey BP community looking for some insight here. I've been trying to get bids for some work on a newly acquired triplex, and recently guy response back from one of the contractors that kind of took me back. Not sure if...
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Is it rude to ask a broker how much an apartment for sale currently rents for? I am using comps in the area but just wondering is it taboo to just ask them directly how much the units are going for right now?
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I bought a 3 bed ranch two years ago to rent out. We have decided to leave IL and I want to sell, tenant would like to renew lease 10/1/2021. She currently pays $1850/month plus utilities and pays on time. What is the...
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$4 million for 54 unit mobile home park at a 6.45% cap rate, anticipated to increase to a 7.04% cap rate within the next year.
NOI: $257,000
Current Loan: 2,600,000 at 4.90% principal & interest amortized over ...
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As I'm readying myself to purchase my first property this year, I'd like to know if it is common and highly recommended to have a general contractor to accompany me during a walk through of a property of interest to h...
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I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
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Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
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This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
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I have a friend (John) who is in need of some help with his previous landlord. I told him there is this wonderful community at BP that will likely be able to help him. The apartment was in the Pittsburgh PA area.The...