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Looking for advice:8 door MF unit in Boynton Beach, FL - asking $640k, 100% occupied with Sec 8 tenants - monthly income of $8400. Haven't figured out why owner claims gross income of $91,740 yet but all of my analys...
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I know that when a new tenant offers to pay upfront its a red flag. However, for an existing (good) tenant anyone ever consider offering a plan where rent can be paid in advance in return for a discount? I am in soft...
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I recently (about a month ago) bought myself a fourplex to rent. This is the first building that I've ever purchased and I'm curious as to how you all think I made out:
Sale price of $130,000 (however I did an FHA l...
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Hey BP Family,
I have found a deal that cash flows nicely but just found out that the building is a historic building. Is this a deal breaker? The building will need some updates per the listing. I have accounted fo...
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Hi all,We moved into a house that had a large utility shed. We redid the inside and it is now a pretty cool miniature house essentially. We wanted to run plumbing to the back so that we could make a livable dwelling a...
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Hypothetical Question.You have a renter and they are late with a payment. You charge them a late fee, but the next month, rent shows up on time but no added late fee. What do you do?Is it worth evicting someone over...
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I am going to keep this as short as possible because I feel I could write a book at this point.I bought a duplex for $60k 1.5 years ago (my first and only property so far). It was ripped down to the studs and remodele...
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Hello BP world,Been away for a long while. A bit background: I've been investing in real estate for approx 10 years now and have a small portfolio of single families and multi families. While it's doing ok in aggregat...
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Hello,I use a number of sites including tapping the knowledge of property managers.PMs know better the trends in renting; what's renting better in an area (ie 4/2,3/2,3/1) and what it's renting for but I don't want to...
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We are looking to start BRRRR investing in Canada but are unsure of markets outside of our very expensive hometown of Calgary. We have seen a few properties outside of Montreal and a couple on the East Coast that fit ...