My business partner and I expect to close on our first rental in a matter of weeks. To increase learning and cash flow, we want to self manage the property with some help from a home warranty company to handle mainten...
I’m to the point of needing to transition from y current PM and I think it’s time to try self management. Does anyone have some SOPs they’re willing to share?
I just bought an old (100+ yr old) 6-unit building with a single hot water boiler on a single thermostat. The heat works fine and the annual utility costs are reasonable, but there is no zoning and no good way to zon...
Hello everyone!
This is my first post and excited to be part of the BP movement! My life was turned upside down exactly 2 weeks ago when my wife said that she will be getting laid off in the next 3 months.
Inst...
I recently took over a small building in a A area, very Ritzy in Stamford, and I am in the process of a small experiment. It's only four units, so it's a controlled test to see if smart devices can raise the rent and ...
So, we have a property under contract in Birmingham, AL. I'm getting some push back from PM's in that area that they want a contract and money in an "account" to be able to get eyes on the property and give us a rehab...
BP folks be warned: The YellowLetters team sucks! So much for all Michael Quarles' BS "we live for a challenge" and "we are going to overcome" coaching talk. I sent his team parameters for a list over a month ago an...
Why Correction Not Crash
There have been a lot of talks on whether or not the housing market is primed for a correction or crash. This is my opinion as to why I believe we will see a correction not a crash.
I think ...
I have a 2 bedroom cabin in the mountains that has a great open living space with fireplace. the fireplace has a capped off natural gas line in it. I’ve been SRTing on Airbnb the last couple years. Never really any is...
I've identified the markets I want to explore out-of-state, connected with an agent and am evaluating properties daily. Looking for MF buy & hold B class properties. I've seen many turnkey duplexes on the market w...