Gregg Hull
To Raise or not to raise?
So I am analyzing a deal on a property and notice that a lot of tenants are subsidized and I want to move away from that and think the property could support higher rents. Is there a best practices when raising rents ...
Charlotte Dunford
Raising rent - what to do
Say there is a 50 lots mobile home park with tenants paying $100 below market rent. However, their leases are not up until a year later. The goal is to raise the rent by a total of $400 by the end of 5 years, and the...
Elliot Marszalek
What to do when there's so much to do. First day pro
Hey BP I just joined PRO today. What did you do your first day pro? So far I've downloaded my free gifts that came with the coupon code and started listening to the audio book. I also started checking the MLS for deal...
Nathan Gesner
New investors reach highest level in decades
https://magazine.realtor/daily-news/2019/06/21/watch-out-first-time-buyers-mom-and-pop-investors-are-swooping-inHome purchasing activity among investors has reached the highest level in the past two decades, shows a n...
Jeff Campbell
Do you buy in an area with a decreasing population?
I noticed in this market it has more renters than homeowners. The percentage was 55/45 in favor of renters. It seems like a good deal and looks like the numbers will work. It is a package of 4 with 3 currently rented....
Dean B.
Stash your cash? Opportunity Zones...
Hi BP community,
Turning to the pros here in OZ. As I mentioned in a previous post, we entered into a PSA with an affordable housing dev group. When the list came out from the state of all applicants we shook out ...
Sebastian Roy
buy now or wait?
Hello everyone,
I am currently looking to purchase my first multifamily to house hack but am a little bit concerned with the high prices. One property in particular is $15,000 above my max pre approval amount and i...
Matt Halls
Owner Occupied Duplex needing to buy out another family member
My mom lives in my grandparents house. It’s a duplex that is in her name. She needs to buy out my aunt and potentially my uncle. The house was appraised by a realtor friend of mine at 258,000. My mom is disabled and i...
Patrick Smith
My first success?
OK. I'm not sure if this really counts as a real success story. I just signed paperwork to sell my house, which I bought 10 years ago with the intention of renting out the second bedroom, gradually rehabbing and sell...
Abraham Anderson
Raising rents on month to month tenants
I'm looking at buying a 30 unit complex. 100% occupied, the current owner has them all month. The rent is anywhere from $50-200 too low when compared to similar apartments nearby.What's the best approach at raising re...