Hi BP, I have noticed a lot of discussion on 2% rule here at BP. I am wondering if it's possible to get even 3%. Is there anyone getting 3%? I am curious to see if it's achievable. To be more precise, we are not talk...

I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...

Let's say I buy a 50 unit apartment complex. My mortgage is fixed. Expenses such as taxes and insurance will likely rise slowly over time. Now if I raise the rent $50 per year on all 50 units (perfect scenario to demo...

I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...

hello all,I'm a new investor :). I'm looking at aproperty in Florida in a very nice gated neighborhood that's in foreclosure.  The property is listed on hubzu.  The property seem to be in great condition, but no inspe...

I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...

Just curious:If I buy a rental and close on it in the middle of March for example, and there are current tenants with a month to month lease from the previous owner, which are all paid up through March, can I as the n...

We have 9  single family rental properties which are financed through Fannie Mae. You can only have a Max 10 Fannie Mae loans...so we are looking into our banking options so that we can grow our portfolio further.
We...

hello everyone, i need your advice on this messy issue. any kind words would help greatly! i bought my house in warner robins, GA last september in 2021. the owner nor the agent told me nor my agent that the city had ...

So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...