Hi all, Recently my SF rental property had some pipes freeze and burst, causing a considerable amount of water damage to the house. After moving the tenant out, the property manager repaired the damage, and in the pro...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Albuquerque.
Purchase price: $475,000
Cash invested: $118,000
multi-family buy & hold investment in Albuquerque.
...
1) Referrals - Ask your network first to see if they are working with people they LOVE2) Thumback.com - Vendors have to pay to be on Thumbtack which increases the quality of people on the platform 3) Join community FB...
Hello to all retail space owners,I would like to ask your advice concerning how you manage annual increase in new lease agreements during times of inflation. I am in negotiation with a new tenant on a 10 year lease, t...
I have 3 rental properties in Chicago. I find that I’m only increasing rents when I have a turn (every 2-3 years). I’m debating if I should implement rent increases for current tenants during lease renewal, even if it...
Competition to lease up Class B Multifamily has been increasing over the last few years. Especially with so much of the Class C product being repositioned/renovated to a solid B or B+ class property.
About 5 years ag...
Hello! Rookie real estate investor looking for some advice:
I purchased a duplex in Grand Rapids, MI last October (2023). I bought the property at $365k, and its new *estimated* value after renovations is 390k-400k...
Hi BP community. I have been trying to find a quality list of multi-family property owners in my target markets (mostly mid-west cities). I have used Listsource, but when I filter for "residential multi-family" it onl...
I've got a few vacancies for long term tenants right now. With proper upgrades I can generate an additional $500 per month in rents. However between needing two new roofs, and other repairs I will soon be out close ...
Just looking over the market stats, it appears the market is slowing some. DOM are increasing (not to outrageous times) but this is definitely a difference. Properties under 150K still have the lowest DOM but the prob...