Shiloh Lundahl
Buy or not buy small multi-family at this time?
I am under contract to buy a C-class 12-plex in Tucson, Arizona for 680k (roughly 57k a piece all 2 bed/1 bath). Rents are currently $500 at the moment but market rent is about $725. I pay water and garbage. Here is t...
Pamela W.
Tenants ignore lease renewal/increase letter
My tenants' lease ends Aug 31, and although they pay on time and take care of the house, they have been high maintenance, literally, from day one, and their usage of heat and water is much higher as well. The cost of ...
Stephan Guna
Advice on buying with tenents
So quick questions guys I have somewhat of a situation in which I would like some advice. So just some notes this would be my first investment property. I been looking at houses for awhile now and recently found this ...
Larry Nielsen
Raising Rent on Newly Acquired Property
I own rental property but I have had them for a while. I am now looking at a property that is tenant occupied going to a month-to-month in November. Its a long term tenant who has not expressed interest in leaving. Th...
Meredith Mihm
Scrutinize my 6-plex deal analysis?
6 plex (all efficiency/one bedrooms)
Asking: 190K
Financing: Owner, 20%down, 30 year amortization with 15 year balloon (interest is still being negotiated)
Gross rents: $2870/mo. (Slightly under market)
Down pay...
Matthew Mclean
New Buyer, Current Tenant Questions: How to increase rent
Any information regarding annual rent increases, and if/how to increase rent from the start. How they generally go.
Tim James
Investment strategy, criteria, & location
Hello fellow BP'ers,My wife and I are in the education phase of real estate investing, with plans to purchase our first property 12 months from now. We are traveling physical therapists, always on the move, so we're l...
Abi O.
Raise Security Deposit at Renewal?
Hello All I would appreciate getting your brilliant thoughts on a topic I am making a decision on.Situation: I inherited a tenant who had been in my building for 5 years when I purchased my 3 fam building 2 months ago...
Harris L.
New member from the SF bay area
Hi guys,I'm a new member of BP.. have been investing for the past 4 years..but just recently discovered BP... my goal is to get to $10k per month cashflow... so my wife can completely quit her job if she chooses to......
Kaaren Hall
Navigating the 2024 Self-Directed Roth IRA Changes: A Guide for Investors
Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...