I’m starting the new year with a 6 month yellow letter direct mailing campaign.From what I read on BP, looks like the consensus on yellow letter is they do work, but needs to be consistent and persistent. However, the...
Been at it for a month or so as far as being active. One thing that sticks out the most is, 1) having a team in place. I have learned you really need a lender or private investor ready to go and able and willing to fu...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $240,000
Cash invested: $55,000
4 units- no HOA, updated units, no mowing, low maintenance
What ma...
My previous post: https://www.biggerpockets.com/forums/12/topics/740552-closing-a-rental-property-in-a-week-and-need-a-lease-contract?page=1#p4361812Acquired my first rental property in Morrell Park, Baltimore at $70,...
Rehabbing your units while tenant occupied..What has worked best for you; -moving tenants out-waiting until they leave to rehab-do it while they are occupied?Knowing this is only a 12 unit apartment with all places oc...
My last post was a few months ago. Right around the time the #BP90Days Challenge started. Prior to that, I was hitting every road block imaginable with each new step I took. Even after the renewed motivation, each ...
Hi Everyone,I recently closed on my first investment property and have contracted a painter to do the entire interior. I also have a different handy-man fixing up things here and there. The problem I find myself in is...
Recap: after 3 months of trial and error, on the 4th-month calls started coming in. Sending out 700-800 yellow letters a month. First mail I got a rate of 2-4% response (working on absentee owners). A week and a half ...
I have a 2/1 rental in a A+ area that easy to rent. It has a simple kitchen that's had a 'lipstick' update but doesn't have any modern amenities (full-size stove, dishwasher and disposal). The cabinets are mixed and d...
The Massachusetts Multi-Family Market has seen quite a few changes over the last 24 years. The number of Listings, or Active Inventory, is very low compared to prior years which is driving this very strong sellers mar...