Brandon Yamada
(Due Dilligence) Marking Existing Tenants to Market Rent
When I perform initial due diligence on multifamily properties in Los Angeles County, there is a common thread. It is 100% occupied but the tenants are significantly below market rent sold as rentalupside for the new ...
Kristina Heimstaedt
Will solar panels allow me to increase rent to tenants?
Hi all,I know the upfront cost of solar panels is significant. However, I'm wondering if I can pass the extra $50-$100/month to the tenant with the expectation to increase the demand for my property. Does anyone have ...
Fernando Domingo
Setting up an LLC for protection and anonymity. What is best?
I was researching LLCs and how to set them up when you are an out of state investor. There is so much information and it's getting confusing and seems to be pretty costly to organize everything.
It seems like anonym...
Andrew Strauss
Should I rehab one of the duplex’s even if it cash flowing now?
Hey BP team,I have this situation where the property I have in LA county has 1 duplex with the ability to add an ADU as well. Both units are rented bring a little cash flow $50 a month. The one home is 1929 it as te...
Preston Roth
KNOB & TUBE - 35 Unit 1912 Apartment Building
All,I need some advice on a potential purchase that is coming down to the wire. Here are the specifics in a nut shell.* In contract on 35 unit very well kept and clean building with 0-1% vacancy in Washington for 2.1 ...
Hoi L.
Need advice on 5-units multi-family: rent, utilities, etc
Good day fellow members! My family started the REI pathway late 2021 and has closed on 2 SFH, 1 pending SFH, and one 5-unit multi-family house. Some details on the multi-unit located in Glenolden (SW suburb of Phila...
Anran Wang
How to increase rent as a new landlord for a long-term tenant?
Hi everyone,I came across a rental house with good potential. The good part of it is, the long term tenant has lived there for over 9 years and they pay rent and are not likely to leave, but the downside of it is thei...
Nicky Venditti
Inheriting a tenant paying under market value
I'm in contract for my first rental property in the Buffalo area and will be inheriting a tenant who is currently paying way under market value. Property is a side by side duplex (each unit is 900sq ft, 2bdrm/ 1ba) On...
Account Closed
Single Meter Duplex-- Utility costs getting out of hand??
Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....
Joe P.
Should I refinance by duplex?
Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...