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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...
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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...
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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...
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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...
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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?
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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...
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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...