Hi, I'm currently Underwriting a deal. Rents are below market value. I don't have to do any rehab I can Increase the rents as is. My question is do i still underwrite the NOI, Cap rate for current rents or Market rent...

Hi, I recently completed a gut renovation that converted a single into a multifamily where I currently occupy one of units. Cash flow is beyond exception from medium term rentals. Does anyone have recommendation on ho...

Hello BP,I am fresh into the real estate game ( about 8 days old) and I am hoping someone has an answer.I qualify for the veterans home loan in NYC. I am trying to set up an LLC and have it purchase the multifamily ho...

Hi all,I know residential properties are valued using comparable sales. But do rents come into play at all? Say you have two triplexes that are identical in most every respect, except one rents for $500 per unit and t...

Hey BP Columbus! I have 4 commercial buildings down on campus (OSU) and a single-family house out in Hilliard on 11.8 acres (half grass half wooded area). For about 3 years now I haven't figured out the best path forw...

I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant.  Instead, they lead that person to b...

Hello all,

So after the inspection on a 4-plex, we sent the following response to the seller:

1) Repair/replace main plumbing waste line that is backing up and leaking in the basement.
2) Replace water heater that i...

Hi everyone,

I hope your all well.

I have a quick question. In order to run a property management company in Ohio do you have to be licensed?

Thanks for your time and all replies are much apprecia...

A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...

I am purchasing my a turnkey property in St. Louis, Mo.  I am about 2 weeks from closing and just got a trustee letter from a HOA stating that I will have to start paying monthly payments soon.  My problem is that I w...