Linda S.
Proof there is profit in low income areas! ~ Petersburg, VA ~
Alright BP, here's my first success story! It's a 3 bed 2 bath, 1500 sq ft house in Petersburg, VA. When we bought it, it had structure issues, mold, no HVAC, leaky roof(cough, cough-- 4 layers of shingles), sto...
Monica Narvaez
Water main leak/how much would it coast? 💧
Our inspector suggested 20k or more which seems very high based on our google searches.
Any advice is appreciated!
J Newman
Quickbooks Classing Question
We use QB for accounting and Rent Manager for PM (I often feel like it uses us - although there customer service reps are great). I was wondering how people do classing for MF properties. We have 60+ doors. Most multi...
Meghan McCallum
Best Appliance Brands
Hi All,I hope investing is going as well for everyone else. I am quickly buying properties and I have them all getting work done and its time to buy appliances. A/B properties are all I own and rent to A/B tenants. I ...
Suril Dalal
Is this a good deal?
I'm in Bergen County in North Jersey. The owner of the home next to me is moving out, and offered me the home before it goes on the market. The price offered was 260k, similar homes in our neighborhood are displayed a...
Luka Milicevic
How often should you communicate with your tenants?
Hello BP community,I am a newer investor. I only own 1 townhome and have my first tenants living there for about 3.5 months. They moved in June 1, 2015. They called me for a repair around middle of June. I went out to...
Frank B.
Expenses, CAPEX, and Maintenance, OH MY!
I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
Tim Smith
Ways to increase revenue from rentals
Hello. I am looking for ideas to bring in more cash from my rental properties. Have any of you had any success at offering services that your tenants want or charging fees for anything aside from the typical late fe...
Fanrong Mu
Renting out an un-permitted unit
I'm in Los Angeles area and interested to buy a multi-family 4unit property, the one I'm looking for has a 5th unit which is un-permitted and tenant occupied. Anyone know if there is any consequences of renting out th...
Sam Leon
"Communal" tenants
Looking at an single story 8-plex building and the numbers work, but there are a few items that bothered me.
All eight units (1/1) are currently occupied, tenants are either on month to month leases or no lea...