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I am in desperate need of some advice. I have six properties with 14 units. I have owned them for two years. I own them mainly in the midwest. They are fine when they are rented out. They basically break even. I...
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An existing tenant is asking for permission to include German Shephard dog while renewing lease. Willing to pay $600 dog fee annually. It is unit 1first floor of a 2-Flat in Forest Park. The property has a small fr...
Tenant sent this today. Their rents is $950 each. There are two who live in our back units. This is a triplex, and I live in the front. They are asking for a 25,000 relocation fee. 90 day notice has been given for t...
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I wanted to make everyone aware of this guy. He is going by the name of Bill Mitchell and under the business name Blue Whale Contracting LLC out of Portsmouth NH. He was working on several jobs for me up to this ...
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I see a lot of great methods investors use to determine the value of commercial property. I wanted put them together in this post for reference and I will post this on my blog also in Bigger Pockets:1. Gross Rent Mult...
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Its my first deal, after a lot of issues and struggle, it finally under contract.
Today the buyer come back and asked a lot of repairs to be done it is the condition of removing the inspection contingency. And the app...
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Hello BiggerPockets, I'm going to start a thread that details my investment journey with Doorvest (https://doorvest.com) . Doorvest claims that they help identify, purchase, and own rental homes for a littles as 35K a...
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I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wasn't un...
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Hello all,I have had a property since August 2017 that’s been undergoing a slow rehab. A month or so ago, I received a letter in the mail from the county informing me that there is a code violation for all sorts of r...
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Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...