Paul Smith
Lowering Utility Costs
I'm in escrow to purchase a 6 unit apartment building in Ohio and I noticed the sewer and water costs were 73% of the total monthly expenses. Is there a way to lower those utility bills? Perhaps I could pay to have a ...
Seth Robinson
Closed on 101 unit multifamily community
Investment Info:
Large multi-family (5+ units) commercial investment investment in Gulfport.
Purchase price: $4,820,000
Cash invested: $1,764,000
Southern Pines is a 101-unit asset located in the eme...
Neal A.
Need Advice - Current LLC structure and borrowing situation?
I'm looking for some pointed advice. We started in real estate a couple of years ago and due to our inexperience we decided on an ultra conservative strategy in the form of all cash purchases. We set up an LLC, moved ...
JC K.
Property Management Software with Lending Features
Hi! I am looking for an affordable property management software that will also help me manage loans made to others. I have a few owner financed real estate deals I’d like to track efficiently while also managing ren...
Christine Lai
Newbie Investor & Eco-friendly Contractors
First of all, glad to finally be a Pro member on BP. Looking to purchase a multi-family home (2-4 units) in central Florida using an FHA 203k loan to jump start my REI journey. I'm bracing myself for the rehab proces...
Shane Woodman
Tenant asking me to cover high utility bill
I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...
Jeremy Porter
A Landlord's Guide with Insights from a Seasoned Property Manager
House hacking has become a buzzword in real estate circles, presenting a unique opportunity for landlords to optimize their properties and boost returns. In this blog, we'll delve into the art of house hacking specifi...
Larry Shapiro
buy during redemption
Has anyone tried to buy the note from the lender during the redemption period? It would seem in certain circumstances that it would make sense. The biggest problem I see is that you can't see the house first.
Michael Moran
Three Scenarios for Commercial Real Estate's COVID-19 Emergence
Hi All: Here's the executive summary - despite the headline, it ain't rosy. Mostly this deals with the office space, but there are multifamily residential implications. Enjoy - and I'd love to hear your feedback. Mike...
Derek DeVerna
Smoothest Deal to Date
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $97,500
Cash invested: $45,300
I move to neighborhoods that I want to do more business in. There is simply...