Will Kirkendoll
help me anaylze this 5 unit deal
hello BP. I need some help evaluating this 5 unit deal. I never dealt with commercial yet. I came across this on loopnet. my fiance which is a realtor tried to call and no answer then she text the listing agent and th...
Jeffrey Odu
FHA loan for. Fourplex terms
I’m interested in applying for an fha loan, i wanted to know if it’s possible to do an INTEREST ONLY when you apply for the loan? thinking of ways to maximize cashflow......
Account Closed
Garage Vs. Master Bedroom
Hello, I would like to begin by saying this is my first post in a BP forum! I am very excited to learn about the community and engage in discussion with other investors. My question is, should I or should I not conv...
Michael Heisterkamp
Offer accepted on my first deal.
Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
Ryan Clark
Do you see rents increase with new minimum wage increasing.
I am in Illinois and our minimum wage is going to $15 over the next 5 years. Who has experienced this and can you share what you have seen with rent increases over time. I have looked around at some other states and ...
Logan T.
Rental Increase for Sec 8
Hello all. I have a duplex that currently has 1 tenant receiving a partial Sec 8 voucher. I purchased the unit about 3 months ago. The tenants (older married couple) are excellent, have been there 4 years, very low m...
Mark Csongradi
Rent increase notice Missorui
Hi everyone,How far in advance do you have to give a rent increase notice in Missouri? My tenants' current year-to-year lease is about to expire and I will need to adjust the rent to current market rate. How far befor...
Joy G.
Rent increase, certified mail not picked up yet
My SFH rental is in Florida and the lease is month to month. At the end of April, I sent a certified letter/return receipt with a rent increase starting June 1. I sent it via certified letter because this tenant has b...
Chris Rush
Multifamily Apartment Syndications
Multifamily Apartment Syndication takes advantage of economies of scale to enable your real estate investments to be truly passive by pooling money with other investors to buy larger assets that can support a full tim...
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To keep a current tenant or not???
I am in process of purchasing my first investment home. There are tenants in the property right now, they have been there for 4-5 years and they are asking if i would consider for them to stay. Their current rent is a...