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Let’s face it, for those of us in the business we knew a correction was coming. This hard this fast was beyond the prediction of most if not all of us. We knew the party had to end one day but, the awakening was rude ...
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Hello BP,My business partner and I have been investing for ~4 years. We currently have 6 SFHs and an 8 unit, and our portfolio has performed a lot better across the last 4 years than we ever expected.We're currently u...
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First off, I admit that I know very little about Memphis and the purpose of the post isn't to trash Memphis. I read on many posts and hear on the podcasts that Memphis is the greatest place for cash flow. However, I...
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Hey BP Friends,I'm an investor with a few duplex/triplexes, but this has all been residential. I'm now putting in an offer on an 8unit. I'm working with a commercial lender for this of course, but I don't yet know the...
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Hey everyone... I'm a long-time registered user, but not too active in regards to posting.
I have no idea which forum this topic should be started in... so I apologize if this should be in another forum.
I purchased...
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So, I’m looking at a large house in my local area that has 5 units with 5 separate electricity meters. The MLS is marketing it as a multifamily residential property and was valued based on comparable homes. I was curi...
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In all the owner groups I'm in, the 'cancel without penalty' option is 'I don't feel comfortable with this guest.' The fewer details you give when you do this, the better. You can do 3 of these cancels a year for fr...
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I have a tenant move out recently from a 4plex that I bought last year. She left me a horrible mess! I am spending about 4k to fix up the place. She noted no defect with the unit on the move-in inspection check list (...
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I got a situation where I have 3 roommates looking to rent my 3 bdrm house. Obviously, not the most ideal, but it's already the end of the month. 2 of the roommates have a few thousand in the bank, and the 3rd ha...
I have a tenant in Connecticut on a month-to-month lease who notified me a week ago (around mid-March) that she is moving out. She hasn't paid rent for March and the month-to-month lease requires a 30 day notification...