Jacob R. Crosby
Apartment Building Prices to High Today
In the area I live the apartment building prices have risen dramatically over the past year. We are seeing a leveling off but I’m waiting for them to decrease to a non inflated price.
What do you guys recommend in th...
Kal Stevens
Section 8 2 BR voucher for 3BR unit
I have had a property for 3 years, handled by a property management, in Oakland, CA and is under rent control.And we just noticed that one of our tenants (who was placed by the old owner) has a 2 bedroom voucher but w...
Don Petrash
BRRRR: For renovation, how much is too much?
Hello BP! I am investing in the DFW area, and still searching for the right property to BRRRR. One older SFH could also be a duplex, but the square footage would need to be increased to make a reasonable deal. This ...
Ken Birkin
increasing listing price
Im watching a home on vancouver island, been for sale for over a year with little intrest, $ 3million , what is the logic in increasing the asking price $ 250k on top ?
Mitch Price
Should I Inform Good Tenant Early???
I purchased my first duplex in March of this year. With it, I have a tenant already in place on the other side. The sellers (who were investors themselves) raved about how good of a tenant they have been for years! Th...
Sean Anggani
How to consider if a rehab is worth it?
I recently bought a not-too-bad 2b2b condo for 395k at 20% down in West town Chicago that I intend to sell in > 5 years, I intend to live in it for 2 years, and rent the remaining years before selling the property....
Joseph Rios
Section 8 voucher limits
Hello BP Community,
I have a tenant who lost her job and recently got approved for section 8. She was only approved for a 1-bedroom apartment and the rental unit I'm currently renting to her is a 4-bedroom (she lived...
Benjamin Dutil
Security Deposits and Last Month's Rent
I'm getting ready to close on 2 duplexes that already have long-term tenants in place. I know that the deposits and last month's rents will be paid to me at closing however they are currently under market rents and I ...
Frank S.
Construction Costs Trends in Chicago - June 2022
Hi BP Heads,
I have a duplex down, kitchen, bath, and garage project in mind in the north area ( I had been postponing for a few years) and kitchen/bath, aesthetics renovation in Little Village. Have the constructi...
Liam Marshall
Buying below intrinsic value
Very new to real estate investing. Everyone says buy below intrinsic value but how do you do that? Is it just finding properties with problems that scare people off (mold, junk, bad smell, etc) and buying those becaus...