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In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
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I'm finding it a bit overwhelming to manage the documents with our handful of MTR/LTR properties. Insurance, tax, tenant info, leases, applications, listing/marketing docs, water, notices, repairs, logs of maintenance...
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https://www.cnbc.com/2020/12/1..."The new legislation allows landlords or utility companies to apply for the funds directly from cities and states, rather than giving the money directly to renters. Tenants must cosign...
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I have heard many people talk about how finding small multi family in their area is hard, and I don’t know if I’m not looking in the right place but it’s been hard to find for me too. With house hacking as the first d...
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Hi my BP family!My Rental strategy going forward is to rent strictly to section 8 tenants. I do mention that section 8 tenants are welcomed on my rental listings but my question is, can I mention something like “Secti...
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Hello,I am new to this site and wanting to begin my journey into real estate investing. I am currently a business owner and in order to prepare myself for that I made sure to self educate in areas from marketing, reta...
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Hello,I've been an investor for quite some time but no organized system. I use Quickbooks for my accounting which keeps my accounts on track. I have decided to go Full time and realized that I use too many tools. I...
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Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix ...
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I have a triplex in a c-d area (rent 700 for a 2/1) and I was wondering how others are screening tenants. I am using a paid background check and call employer, current landlord. I am requiring they make 2100 a month...
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I finally have my first property under contract (Yay!). It will be in the BRRR mold, as it needs a rather large renovation. As the time approaches for closing I often think of a task, or detail I need to complete, an...