Kevin Nichols
Small changes...lead to larger rents
I've just bought my first duplex and will close Dec. 1. I found out this week that one of tenants will not renew their lease on 11/30. So, this is a chance to get into the unit and spruce it up.The current owner adde...
Dan Costantino
Raising rent on tenants that come with the house
I just bought a duplex fully tenanted. Market rent is $600/unit. It is rented for $425 and $475/mo.
The $425 tenant has been there ten years. They have accepted an increase to $500/mo.
I haven't talked to the other ...
Jake Kucheck
Cramer Bullish On Housing
For those of you that watch MM... his entire first piece was on his theory that housing was bottoming in 105 days. Now I know Cramer has taken a huge hit to his credibility over the last year or so... and even more s...
Steven Barr
Should agents sell pocket listing flips brought to you?
Hi BP!Curious of y’all’s thoughts…. If an agent brings you a fix and flip pocket listing to buy, should it also be expected that they are the ones to sell if for you after rehab? Thanks!
Frank Taormina
OOS Section 8
I’ve come across an opportunity to purchase an existing occupied long-term rental package of not one, but TWO Section 8 properties. One tenant has been there for 6-7 years and the other (next door) has been there for ...
George Gammon
Googles HUGE Red Flag to REI's
This is a chart of the term "flip houses" being entered into Google. It peaks in July, 2007 (the worst time to buy) and bottoms in Sept., 2011 (the best time to buy). It's now at levels approaching 2007.
Annabelle A.
Payment through BITCOIN
Hi! I'm under the process of buying a house, not using a realtor.Contacted the seller through email and responds to me always. I'm just a little bit skeptical in this transaction.Is there anyone buying real estate usi...
Steven Scheer
College Rental Leases
Howdy, good people. In the next few months, I will be purchasing a duplex to rent to college students. I was wondering if the people of BP that rent to college students either charge a predetermined rent (say, $1,000 ...
Michael A.
Best loans for improvement expenses?
Hello,
First time asking a question here, inexperienced here so bare with me, here it goes: I am managing 20 unit multi family in Los Angeles that my parents and I own. Its an older building and there are some relati...
Jordan Santiago
STARTING APARTMENT SYNDICATION
Hello BP,
So to try to make it short, I am a 24 year old real estate investor located in NYC. I already own 23+ rental units but I have always always always been fascinated and interested with apartment syndication. ...