How much is a rough estimate to demo an existing house to build new construction? Existing house of a property we are considering needs so much work I think it would be more beneficial to completely demo and rebuild....
Are we as home owner’s responsible for tenant charges accumulated during move out? How can we verify if rental management company actually made good faith attempts to send move out balance to tenant after move out or ...
Hi BP,So I am looking to get into multi family properties in the pretty near future and I just wanted to get anyone’s 2 cents that owns a commercial multi family property and to see how you started.I have one rental p...
Hi Folks, Last few years I just added up my general business expenses: education, technology, subscriptoins etc, divided by my number of Sched E houses and added an expense called General business expense onto EACH h...
I am new to this real estate investment game, but I am super excited for this opportunity to gain finical freedom through real estate investment. I am currently in Tacoma, WA and I am looking for a mentor. What would ...
Hello everyone!My wife and I are renting out our home while we travel for work. We do month to month rentals and are on our third tenant. First two so far so good! I just finished screening our third tenant and wanted...
Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?
How do you analyze and compare different multi family properties to invest in?
I kind of understand the gist of it as far as cash flow, cash-on-cash return,cap rates, return on investment, GRMs for multi-family. But ...
Hi guys,I'm just wondering how one would go about with medical insurance, if you have quit your job to go into '"passive income" jobs full time?Would you have to get new insurance? To rephrase, if you've left your 9-5...
Hello BP community! It's my first post, but it won't be my last.I just bought my first duplex property and against all advice decided to keep the old tenants... It is now 4 days after the first rent payment was due, w...