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Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
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i live in nh , I am closing on a 3 family next week , 2 are empty and I have plans to redo them , one unit has 3 tenants in it that owe the previous owner 7000 $ in back rent , they were handed and eviction on 11/1/15...
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
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Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
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Hey everyone, my main marketing strategy for the past three years has been cold calling, I have a cold caller that is outsourced and I handle all the leads that are produced. I have seen a pretty large decrease in our...
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Hi all, I am about to close on my first multifamily (a 4 unit property this Friday) and become a brand new landlord. I am looking forward to it but im also apprehensive. I have read just about every blog on BP related...
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Hey everyone,
I had a quick down and dirty question about evicting tenants. I have a tenant that is in her first month of renting and before she moved in she gave one and a half times the rent for a security deposit...
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Hey all - a tenant has raised the issue of a registered sex offender living (or "frequently staying") at a home on the block. My property manager has not provided much help ... I have a call into an attorney to discus...
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Hi BP community. I am scheduled to close on a flip in Decatur, Atlanta GA in the first half of April. The deal is as follows:Purchase price: $132,000Rehab: $165,000 (adding 2nd story of ~1,000 sqft; renovation of exis...
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I bought a rehabbed home about a year ago (turnkey-ish), which has cash flowed nicely and also appreciated significantly since. Given the appreciation, it appears I may be able to do a BRRR (rehab R missing) and recoo...