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I have a strategy I call out of state turnkey residential investing or "OOS TK SFR". We have all our properties in this model and have great experiences for several year now. When I speak to people here on BP, a lot o...
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I'm a new landlord, haven't even collected first rent from tenants yet on a 3 unit in a city of about 100k population. Neighborhood is rough in an ethnically diverse section, but property price and rents seemed good. ...
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So this is directly from the City of Minneapolis website where the Renter Protection Ordinance was passed unanimously by the City Council and will go into effect June 2020. Please read, because apparently as a Landlo...
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I purchased a 4-plex in November of 2020. Class C property in a neighborhood that houses a lot of voucher holders and lower-income families. I inherited three tenants that were advertised as paying and up-to-date with...
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Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...
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Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...
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I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...
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I have had 2 different tenants in different properties clog up the plumbing. SFH#1 that I self manage locally claimed that the garbage disposal wasn’t working. The plumber checked and said it was. This was a renovated...
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I have landed a job along Lake St. Clair and am considering moving to the area. My commute is pretty ridiculous right now. However, I know I don't want it to be permanent. I am torn between buying a place or just rent...
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What are the top three (or more if you're willing to share) types (regarding subject matter, i.e. water leak, A/C broken, etc.) of phone calls you get from your tenants?