Hello BP members,
As we are seeing RECESSION is coming, expecting in 2023. What would you do in this situation as an investors? Do you continue to hold your properties or sale and get money out and invest somewhere e...
I have a large warehouse space that a company is looking at. They sent an RFP for rates for a 5, 7, and 10 year lease. It is a well known international company and I would love the security of having a 10 year lease...
Hello!My family owns a 15 story, 54 unit apartment building in Chicago, and our current cleaning "crew" consists of a woman who lives in the building with significantly discounted rent as a trade for cleaning public a...
I have a tenant that gets a $200 discount on his $500 rent for taking care of the lawn and snow. I'm not sure if I should 1099 him for the work ($2400) and still count the whole rent ($6000) amount as rent, or if I sh...
Hey BP Community!So here is the scenario:Our tenant informed us on Monday night that their oven wasn't working properly. My husband immediately went to the unit to check it out. He agreed with the tenant that the oven...
What tools you use to rent out house if you do that from different location? For example, Tenant Turner/ Rently for showings, cozy.com/ smartmove, etc for tenant screening.
Hey All,
So here is the deal:
2 weeks ago I closed on a 3 bed 2 bath property for 40k. I put 10k down and had another 2k in closing costs. The painting and updating are looking to come out to 3k. So all in I am look...
Hey guys, i am really itching to buy my first rental property!!! I just am nervous! How do you guys come up with the rental rates for your properties? Do you increase them each year?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $385,000
Cash invested: $118,000
Contributors:
Brad Penley
A bigger pockets dream come t...
My topic involves medical sector financing and I was wondering if you could help me find information regarding how a bank assesses discount fees when purchasing portfolios. Is there a certain rate of return they sh...