Troy Welch
1 year lease ending going month to month - Texas
I have a lease ending (first one) and have already had a discussion with the tenant about options. He is going to go month to month and the rent will increase approx 3%. The original lease has language about the lease...
Jay Ben
Applying RUB’s to MF
so I’m looking to do my first deal and when analyzing properties I want to add RUBS but how do I know if:
1. It’s legal to do in my market /state/county/city
2. How can I calculate? I heard people setting a price ba...
Ryan Halverson
Just finished my MF Analysis Spreadsheet
I know there are a ton of these in the fileplace but mine has a unique feature I was looking for...a slider to increase/decrease purchase price so you can fine tune your ROI numbers. Check it out and let me know what...
Christian Tallet
Previous Landlord Lease
Hello,I have an offer accepted on a multi-family property and I'll be moving into is since I am acquiring it through an FHA loan. The lease that the landlord uses for the current tenants appears to be a very good leas...
Mallory Healea
Value-add of a Driveway?
We have a MTR that we received a zoning notice on from the city. They believed we were operating a STR. We are considering a STR option for this property for the summer months due to its proximity to the beach. The sn...
Lee L.
Property Tax Rates throughout U.S.
Property taxes are a major component of expenses in real estate. Today I found this article from Mansion Global that shows the latest numbers from CoreLogic comparing the property tax rates throughout the country on a...
Tim Moore
Emailing perspective sellers
BP talks a lot about “driving for dollars” all the time on the podcast and sending the owner a letter. I’ve been able to find direct email addresses of some owners and was wondering if a letter would be better? Is the...
Maxwell Hunter
Increasing Profit Margin
New investor question for the BP community.In your experience have you noticed that certain additions/upgrades help to increase your profit margins on rent or is it as simple as "one-upping" the comps in the area?My w...
Benton Williams
Ethics Question !
I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...
Daniel Gonzalez
First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Maplewood.
Contributors:
Drew Walls,
Vaughn Smith
Closed on a 2 family property with one vacant unit. The p...