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How do you charge tenants for oil heat? This is my first property with oil heat and I am considering 2 scenarios:1.) fill tank completely. Make tenant responsible for refill as necessary and they must fill tank back u...
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Hello BP community! Just recently closed on my 1st
investment property (Duplex located in Amesbury MA). Me and my partner are implementing the BRRRR strategy and plan to hold on to this property for a good while. Id ...
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When it comes to building your own models how do you underwrite value add rent increases ie: bringing rents up to market at lease renewal/ bringing down units onlineIt can be done manually when investing on a small sc...
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Hey BP, was having a conversation with a newish investor and was discussing markets on a macro level. We were talking hypothetically if you were targeting markets where investments were under 250k which would be the ...
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I've heard that the vinyl tile with the adhesive on the back is a no brainer to install DIY. But what about the other types that don't have the adhesive? Would it be a total waste of money to have a contractor install...
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Step 1 Population Growth
Use city-data.com to research the city’s population
Goal: Since the year 2000, has the city’s population gone up at least 20% (Ex: Phoenix, Orlando, Las Vegas, Columbus Ohio)
Step 2 Incom...
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Hey I am trying to see if I should buy a washer and dryer with coin slots and charge my tenant or not or just don’t buy a washer and dryer at all but I will be occupying the downstairs apartment myself and kinda don’t...
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I am looking for some advice from anyone who has invested in the Madison market. I have lived here for about 7 years and notice that prices for 2+ units are high and very hard to find deals where the numbers make sens...
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Total newbie here. I've been looking at a multifamily complex that has been foreclosed upon. I am aware that multifamily properties are purchased based on NOI and the applicable cap rate for the market. The informa...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $310,000
Cash invested: $12,300
Contributors:
Tim Swierczek,
Adam Tafel
...