Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
The SFR median in May'20 was 315k, all time high was 315k in Jun'06. Now, with coronavirus, unemployment, forbearance, evictions to begin, strip partially opened, $600 Fed unemployment to end, etc. Is it a good time t...
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
Dear BP friends, hope you all had a great Thanksgiving holiday! A tenant of ourshas just complained today about vent cleanness after he lives in the unit for 10 months. He sent us a pic of the ceiling after bathroom e...
Hi there BP community. I was curious if anyone out there owned or are investing in beachfront property or property near the coast and how covid has impacted you. Whether you air bnb, rent it out (seasonally or year-ro...
I’ve read weddings can make 5-25k per wedding much more than any short term rental or traditional rental property. I’m simply renting out the property. Vendors such as florist, cake, tables, wedding planner is separat...
Since I mostly just look and give instructions to the Super, it was a real "turn back the clock" moment for me recently when I was trying to meet an inspection deadline-not enough manpower to get everything done. The...