Arthur Fuller II
Action Diary.....
So I've decided to chronicle me attempt at getting my 1st deal...About a month ago I decided I wanted to get into RE investing. I have very little cash and poor credit so I figured I would start with wholesaling. I ev...
Tauna R.
Tenant with no credit history...What would you guys do?
Hey BP pros! We have a very nice couple that would like to rent our home. When we met them, I got a great vibe from them and would really like to rent to them. They have contacted us to say they are really excited a...
Ellie Perlman
Fighting COVID-19’s Impact on Multifamily Properties
I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
Joe Johnson
Taking over Mobile Home Park Management for my Father
My dad owns a smaller mobile home park that can hold 10-12 units depending on how tightly he wants them in there. At one time he had 10 units in there but is down to 4. He hasn't had the time to manage it like he shou...
Christopher DeFronzo
Sprinkler System Maintenance or Concerns?
Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
Cameron Riley
Class C Property Owners.... Pre-Set Qualifications????
Scenario: You Own A Home, A Duplex In An Urban Area, The Property Is Considered "Class C"... The Area Has Some Riff Raff And You Know This. It Is Time To Start Renting Out Your Property, Your Goal Is To Obtain A Good ...
Bin Chen
Is it better to use an agent or list rental on your own in NYC
I have been struggling with this question for a while now and am not sure what the best course of action is. There are pros and cons of both.Pro of using a realtor:In NYC the landlords generally doesn't pay the realto...
Alyssa K.
First time landlord: Red Flag?
Have an applicant I was really excited about, wants to move in soon, makes substantially over 3X, states they have good credit (haven’t ran it yet), employer and previous landlord references check out...the weird thin...
Tim Wheeler
Cash flow positive with 3.5% down?
Hey everyone,I'm new to real estate investing and my wife & I have started looking at multifamily properties in MA & RI that we will live in for at least a year in hopes to purchase a single family afterwards....
Jason Malabute
multi family exit cap rates
It is becoming more popular to underwrite deal and calculate the terminal cap rate by taking the current market cap rate and add .1% for every year it is held to make deals work. For example, if the market cap is 5.5%...