Hello BP!I own a 3 Flat property on Chicago's Near West Side and I am planning on increasing rent in the following manner:(Rent increase is due to market rents and a hike in property tax)3bd/2ba, 1,150 sq ft Apartment...
First ever purchase so I'd thought I ask for some advice. Had an offer accepted last Friday and the home inspection on Wednesday. From the home inspection we've come to find out that the HVAC, water heater and probabl...
We have $70,000 of credit card debt that gives us a very bad debt:income ratio. My parents are willing to lend us most of the money to pay that credit card debt off so that we can get a good cashout refi. But I know t...
Hoping someone has some advice:I have an opportunity to buy a block of real estate (50+ units, 30+ properties) I have a partner that compliments my weaknesses and will provide organization, technology, and a managemen...
Hey Community,A Dollar General is coming to town, the development company working with them is in the process of wrapping up the property acquisition and will break ground in the October timeframe. The development com...
Do you guys only buy in good areas?Does anybody buy in bad areas or below average areas?For instance, property is close to "druggies " area....An appraiser came to a unit and there is a passed out tenant on the couch....
I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...
Today, I was texting one of my good friends from Memphis, TN. We are both recent graduates from The University of Tennessee, and both have good paying full time jobs. I recently finished Set for Life by Scott Trench a...
Hi Everyone, I have a situation that is causing a lot of stress in my life and I wanted to get some feedback. My sister and I recently inherited a beach house, a condo, and a plot of land in the Cherry Grove, SC ...
We’re not going to lie: It was hard to come up with a title for this episode because we covered SO much—productivity strategies, morning routines, growing from zero to 900 units, partnerships, 1031 exchanges. Whether ...