I purchased an apartment building just before Covid hit in upstate NY. Rents are well below market and the plan was always to raise them but for obvious reasons I haven't yet. My market seems pretty tight so I if so...

Hey BPers -I just listened to the excellent podcast show #327 where @David Greene lays out all of the details of the BRRRR strategy. It is clearly a powerful strategy that has worked well for him and many others but I...

Buying real estate is more like a marathon than a sprint. It’s going to take a while. In fact, it may take months to get from the initial search process to the closing table.
So as a busy Realtor (NJ) and real esta...

Greetings!I use a property management company to rent my units, and they are doing a good job. But every time one tenant leaves and another comes in behind them, the costs associated with the turnkey repairs seem real...

Thank you @J Scott for starting the new construction diary.  It's been our inspiration to do one of our own now.  In this thread we are going to track the progress of our first Crowd Funded new construction project in...

Is there a general rule of thumb that is used when underwriting the cost of tenant turn over?

IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...