Satya Nagarajan
First Property. Vacancies are stressful!
I bought a quad 3 months ago in a B/B- neighborhood for $120,000. We took over from a previous owner that was managing the property poorly and 3 out of the 4 tenants had moved out from the time we went into contract t...
Terry Lao
Section 8 tenant vs normal paying tenant in a recession
With all the talk of a recession or down trending economy, which type of tenant would be better, Section 8 vs. Normal rent paying tenant. First, these are for area C neighborhoods, lower economic, typical 2 bed 2 bath...
Taylor Burns
Realistic First Multi-Family Apartment Purchase
Hello BP!
I am working on building my specific criteria for what type of multi-family deals I want to focus on. I am looking for feedback on what number of units is realistic for a first time multi-family purchase. ...
Alex Powell
Are Itemized Estimates uncommon?
Have you ever had an issue with getting an itemized estimate from a contractor? I'm beginning to vet contractors and am having an issue finding a contractor that will give me an itemized quote. Any recommendations wil...
Chase Gochnauer
Do you use depreciation savings in your pro forma?
Hey guys,I have about 55 rentals but most are smaller units. Typically on my pro formas I don't figure in depreciation tax savings. I am pulling the trigger on a much larger complex, though, and the depreciation expen...
Thomas Glenn
San Antonio Multifamily Property Manager
Hello all. After acquiring my first smaller multifamily (4 plex) this year I have decided to pursue a larger multifamily unit (10-30 units) in the San Antonio, TX area. I have completed the first part of my path by ...
Troy P.
Water heater not large enough for soaking tub
I lived in this home for 6 years and lived with the fact that the 50 gallon water heater does not fill the tub enough to take a luxurious soaking bath. Now, the tenant is complaining that the hot water output is not ...
Ran-D Baldwin
Single Family VS. Multifamily (Is knowledge transferable?)
I currently make around $30k-50k Month Net and am wondering if it makes sense to start with Single Family and move up to Multifamily or just start in multifamily? Does the knowledge from single-family investing transl...
Mary Pastoral
Benefit of listing on VRBO in addition to Airbnb
We recently launched our first short-term rental on December 22, 2023, with AirBnb. So far we have gotten four reservations, two for December and two for January 2024. It is a single-family home so it can be listed on...
Allen L.
Mold in attic, disclose to potential renters?
I’m closing on a property with some mold in the attic. The seller said he will treat the mold himself before closing. Should we require him to get a mold inspection letter afterward saying mold is remediated? If we do...