Dear BP Family, I'm going to inherit a tenant and become a landlord 1 month from today (if all goes well)! I am forming a property management company to manage not only that tenant's residence, but also other people...
I'm looking for thoughts on what I should be asking for and expecting in terms of property management rates for a new +70 unit apartment building in Lehigh Valley, PA. Very happy w/ current prop manager w/ rates a...
I generally pride myself on choosing very good applicants but this one didn't sit well with me when signing the lease and I didn't have the greatest gut feelingLike the title says, these tenants were very qualified. T...
Hello BP,My wife and I are looking to purchase our first rental property, ideally a 2 unit multi-family somewhere in the midwest. We currently live in Minneapolis and have looked in other areas as well to invest such ...
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
I was wondering if any apartment building owners ever considered converting their units so the living room becomes a bedroom. This would only work if one didn't need to cross the living room to get somewhere else. I...
I’m about to sell my house and will have about 250k. I wanted to get into rental property investing but have analysis paralysis, there are many routes to take. My wife wants to buy a property outright because the Cash...
Trying to acquire properties I put myself in a pickle. Good and bad. I used a hard Money lender to purchase both properties. Property one: Condo, having a hard time to refinancing, running out of time (extended 2 mont...
Good afternoon BP Community. I am looking to buy my first property. I was presented a deal that I would like to purchase (Section 8 SFH), but I wanted to make sure it was a good deal before I pulled the trigger. What ...
Hi BP Community,
I just created my first practice deal analysis and thought I would share with you all in hopes of getting some feedback. My goal is to find fourplexes in B (ideally) or C neighborhoods that cash flow...