So, I'm in a bit of a debate with my handyman, who has serviced one of my two multi-families for years (prior to my buying it two months ago...) All the bathrooms have vinyl sheet flooring. One tenant complained that...
Based on advice provided here at Bigger Pockets and elsewhere I've been looking into multi-family with a concentration on cash flow. I found a 3FAM with 3brs each for $250,000 in Worcester, MA where there's zillions...
In my experience as a property manager, the most common question is “What will it cost?” Though many questions come into play when embarking upon selecting a property manager, this is the foundation of conversations b...
Hi! I'm debating on how much to update before trying to rent. I "think" I can get $2700-$2900 for monthly rent (if I'm off I'm open to suggestions PLEASE!) Will it still rent when the interior is in original 70s condi...
I'm about to enter into a contract on a property that's currently rented to Section 8 tenants. This will be my first Sec8 rental property - Is there a "standard" lease typically used with Sec8 tenants or is the TAR le...
So I've been using this property management firm for a few years now and we had our first real "tenant damage" between tenants (I guess this timeframe is considered turning, not flipping, but if you have a better term...
Hi guys!
I have a question for the experienced wholesalers out there. How does someone, with no construction background estimate the rehab cost of a house.
I know J Scott wrote a book on it, and I will...
Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
Hi BP family, Does anyone start off a new tenant with a MTM term or maybe a 3-6 month lease before committing to a full year lease ? In an effort to make sure you are happy with the tenant and is a good fit ? I Ha...
In my city there is a historic 70 unit apartment that’s famous for its design and mid century modern architectural style. It’s a solid concrete building but windows are busted out and trees are grown up all around it ...