Investment Info:
Single-family residence buy & hold investment.
Purchase price: $270,000
Cash invested: $67,000
This is our 2nd single-family property with long-term tenants in recovery. What a g...
How do I go about increasing the rent on my new tenants? I’m closing in October and their lease will need to be renewed December 1st. Do I just write up the contract with the new monthly rent amount or have a verbal c...
very recently bought a upper/lower multifamily for 93k with an FHA loan. this place was built in the 1900s but have been decently taken care of. New roof withing 3 years, new insulation throughout last year, new cabin...
Hello BP Family,
I am closing on my first multi shortly, the rents in Woonsocket are as follows 1st Unit 2 bed 2 bath $895. 2nd Unit 3 bed 1 bath $995. 3rd Unit 3 bed and 1 bath $720. The 3rd unit needs to be updated...
Hi. We signed the first contract with tenants for $1650 and 3 students for a 2 bed /2baths property, and $1650 for security deposit. One of tenants asked me if they have one more tenant shortly after 2weeks. After som...
Im trying to increase the rents of the tenants living in my multi-family. The rents are $300 under market. I just bought my first multi-family and am new to real estate. I was wondering...how do I go about increasing ...
It's always extremely helpful to hear other people's ideas / experiences on the best way to have as close to 100% collections as possible. Does anyone have any interesting methods they use that has worked for them?
Hey BP. I just wanted to share a little story for maybe some newbies to be aware of:I bought my current residence from a guy who had been living there for 20+ years. He had filed homestead, and thus his property value...
I am aware of the wholesaling strategy, but my marketplace is a little small and prices are very steep. I am wanting to learn about any and every way to increase capital so I can get started in rental properties Any ...
I am getting ready to make an offer on a commercial 5 plex that is 100% leased out with long term tenants (over 8 years). Since the seller decided to sell the property he has decided to not extend long term leases. Al...