As I was out shopping today for my current project in Dallas, I got a call from my sister telling me that her and my mom were being taken to the hospital due to carbon monoxide poisoning. The average reading insid...

Looks like the push to raise property tax assessments on Airbnb/short-term rentals to 29% ... might be dead on arrival.
"I don’t have any particular hope or even interest in perhaps in it passing in the form that it ...

I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits).   I think the margins will be between 10% (no refinance and ...

I often see Norristown as providing a unique opportunity for Pennsylvania and out of state investors alike. Many investors point to the Riverfront Redevelopment plan as having the potential to one day turn the town in...

Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...

I just read the Housing Wire article stating they are going to extend FHA Forbearance into December 2021 for “certain borrowers.” Stuff like this is why in my humble opinion everyone holding their breath for 2021 to l...

I give specific instruction to my guest on which parking spots are reserved for them. It's a condo complex so assigned parking with numbers painted on the curb. The guest pulled into what she thought was the correct s...

Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...

My wife and I are considering purchasing our first 6 unit apartment building.  The numbers are looking good so far but our only question is that 3 of the 6 units are rented to Section 8 recipients.  We have never had ...

Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:

56 unit, class B building in class B ar...