Autumn Brooke
Utilities with three separate tenants and one electrical panel/meter
I have a three bedroom, single family home. I am currently renting one bedroom to a tenant. I am moving out of the house in June and intend to rent the other two bedrooms to two additional tenants, unrelated to the fi...
Ardel Alegre
Sub-metering for water on mulifamily
Just got under contract for my first investment property! The property does not come with submetering for water. Is it best to install a submeter, and how much does that usually cost? I also read somewhere that there ...
Account Closed
Start charging water to tenants
Start charging water to tenants, the bill has gone very high lately so I am thinking about charging water after I renew the lease flat small fee so they are aware about consumption and be mindful. why should I pay for...
Rick Albert
Taking a 5 Unit to a 4 Unit
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Tony Blaine
Capex To Raise Rents
In your experience for those who have at least done a couple CapEx Multi family investments, what has been your primary focal point when evaluating what to improve on a property to increase rents? Do you look at exter...
Jonathan Ramos
Why aren't builders building faster?
Hi BP friends,
The Problem
In the Southern New Hampshire area, we have less than one month worth of inventory available on the MLS. THIS IS NOT NORMAL! there should be 6 months available for a stable market. Now I...
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...
Chris Mason
You know BRRR is dead, when...
Markets find equilibrium. Supply and demand. If something is overly-hyped, that represents a demand increase. So, holding constant supply, that means the price will go up.
Remember that idiot uncle/cousin/fiancé/what...