I was discussing multifamily expenses via email with another BP member recently that was asking some good questions.  I asked him if I could post the conversation on BP since there are frequently questions asked on BP...

I am looking to purchase a 50 unit multi-family property that has nearly all renters on Section 8 subsidies. The seller has provided the rent rolls and previous year (2017) Income Statement. I noticed that the expense...

Hi guys, I have 5 properties and I am struggling to manage them. I do have a full time job and a family but besides that, its only 5 properties. By managing I mean paying utilities when the tenant moves out, getting a...

Hello - I am looking for some assistance in reviewing the financials for a 10-plex deal in Oklahoma City, OK.What am I missing? Is this deal worth pursuing? Details:Sales Price: $750,000Seller Offer: $5,000 in closing...

Hello all,
I'm seeking advice on achieving a higher ROI in real estate investments beyond the 1% rule and maintaining around 35% of monthly operational expenses (including Cap-ex, maintenance, property tax, and vacan...

Hi BP Canadian investors!
I just bought my first rental property. Just wondering if any one has experience or advice about book keeping and property management software recommendations.
Has anyone opened up a separa...

Have LLC for buying and renting homes want to set up separate business to manage, do repairs  for LLC and want to do the work myself in that business. Can Joe Doe LLC (owned by Joe Doe) hire Joe Doe property managemen...

I own and manage a single-family home and a 4 plex in Metro Detroit. I own the 4 plex 50/50 with my parents and it's starting to become tedious trying to track who's putting what into the property as far as expenses a...

i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i ...

So I have found a property, in a decent middle class neighborhood, the details are as follows:

[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)

# of Units: ...