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BRRRRing in 7% Interest
Hey, so I have been wanting to start BRRRRing in the Los Angeles area. But when I run the numbers I just don't see how it's supposed to work with 7% mortgage rates. Even when I take a super optimistic situation such a...
Teresa Ramos
Emotional Support Animal (ESA) Low Allergen Building - *FAS
*FAS = FUNDAMENTALLY ALTER the nature of SERVICES providedWhy has no one been able to turn down ESA requests based on the wording of the actual FHA law? From the FHAA Federal Housing Authority:[Landlords are required ...
Rich Somers
Currently negotiating first multi family deal and have questions
So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
Mike Gerson
Tenant died of Covid, wife left unable to pay rent
I have a terrible situation. Pretty good tenants for 2 years. The husband died of covid. Wife was also hospitalized with covid but is back home now. She remains on oxygen and has nurses coming to help care for her...
Tina Lee
bad credit due to debit consolidation ( should I accept ?)
Hi all, I have an applicant she has 668 credit score and her husband 800. however she explaint her late payment occur on 2017 and all because of debit consolidation company told her to stop payin for all the bill so s...
Chipo Asare
Increasing the rent
Hello everyone. Is there anyone who is increasing the rents, these days? I have 2 apartments that I need to increase the rents, but am not sure if I should raise it or not. Their rents are $300 below the market rates....
Michael Cross
4 unit or add 5th unit?
I am under contract for a 4 unit property with a lot of poorly allocated space from additions over the last century.Utilities are separated per unit already.One first floor unit has enough space for to be a 3bed/2bath...
Dana R.
Tenant moving costs
I know what it would cost the landlord if a tenant moves. But, has anybody here ever calculated how much it would cost the tenant to move?
Let's say there are more or less two identical homes, and the tenant ...
Stephen Roche
Fork in the road- HLOC or sell and reinvest
What's up BP? So I have been a member for a while but really hesitant to take the leap and I am finally there. I will be relocating to the Raleigh Durham NC area this summer and am searching for a multifamily(duplex t...
Aaron Nelson
Value of Coin-Op W/D in Small Multi-family properties
Hey Landlords!I am looking at installing a coin-op washer dryer for one of my small multi-family (2-4 unit) properties in Tacoma and have some questions: 1) Has anyone analyzed roughly how much you make per housing un...