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Hello bp fam, Last week I closed on a 12 unit building 100% occupied with under market rents. Market is 1100-1200 currently all units are rented at 750. I sent a letter Stating rents will be increasing to 1000.00 sta...
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Hi Everyone - I am looking to get my start in owning rental properties this year (single family residence) and have been running analyses in different markets throughout AZ where I live. I wanted to get your thoughts ...
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Hi All,I am a newbie here and is interested in investing in Oakland. I am seeking help with the following questions regarding a property i am considering to put an offer:1. Are condominiums in Oakland exempt from Rent...
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Is there a limit for how much you can increase a tenants rent in Indiana? I purchased two properties with inherited tenants who have been paying rent well below the market rate. I will honor their current rental agr...
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We just purchased our first rental property, a 4-unit, all 1bed/1bath, coin laundry in basement, and 4 car garage in the rear. I would put it between a B and C class. It's working class, and OK Public Schools. Cr...
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I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...
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Hi BP folks,Looking for some advice here. I acquired a duplex (one 2Bd/1ba, one 3Bd/1ba) in the Holly Hill / Hilltop area near West Frankin Elementary school in April 2021. It came with good long-term tenants who have...
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I am looking to get into the rental market in Henderson. Anyone with success stories?
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Hi, my grand mother just passed & left her to home to my brother & I. It's completely payed off & has never been updated. We would like to pull some equity & upgrade the house & possibly sell. Is a...
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Triplex, purchase price $160,000, monthly income $1650, great neighborhood, room to move up on rents, market going up?