Aaron W.
Should I unload my property now?
I purchased a 4-unit multifamily last year but the numbers are not working out the way I am expecting. The property cash flows, but CoC is not to my standard (10%+). In hindsight, I bought the property too high and it...
Austin Jay Toniolo
Lead paint and lease renewal
Hello BP gotta day love you guys as always and hope y’all staying safe. About to purchase a 6 unit rental portfolio in DELAWARE. Older 1940s multis with interior and exterior lead paint. Looking at the current leases ...
Christopher Olsen
Raising rent from zero (and an apology)
Yesterday I posted this question, but it was never answered because my original post was long and wordy. So here is the less wordy version of my question. My apologies. Let's say you acquire a house where there is a t...
Nicholas Morgan
First Property - LLC for Property Management?
Hi everyone, I am closing on my first rental property in 3 weeks. I am purchasing it with a standard bank loan in my own name. There is an existing tenant who's been there for 8 years. Buying the property from a frien...
Joshua Rice
New Member Introduction
Greetings Everyone,All I have to say is wow, what a gold mine of information I have been so blessed to stumble upon but was it destiny? I have spent the first week lurking within the forums and observing the interacti...
Kyle Robichau
Multi family deal analysis (5 unit)
This property off market and in the Houston, TX area and is technically a 5 plex. Triplex in the front and duplex in the back. They are separate. The NOI is 31,000 with expenses around 15,000. Listed at 215,000 with A...
Kim H.
Would you walk away from a property with a bad past?
The property I am currently doing due diligence on had a gas explosion a year ago. The particular structure involved is no longer on the property and the explosion was caused by a company digging in a nearby loca...
Al Williamson
I Got Busted Slumming
A neighborhing landlord sent me this picture of my gate behind one of my rentals:
The privacy tarp needs replacement. He asked me to join him in improving the look of the alley.
...
Richard Meyer
Florida Real Estate Investment Club
Florida Real Estate Investment Center will be launching our Palm Beach Real Estate Club on January 18th 2014. Agents and investors are asked to attend. Our first seminar will teach you how to start a wholesale real...
Mark Forest
Tree fell on fence
We had some serious ice storms here recently. The tree in the neighboring yard fell on the fence of my rental property. Is this expense all mine or do I have recourse against the neighbor?