So here’s what’s up BP :
I bought my first rental property back in May. It’s a multi-family property in the city that I currently reside . It’s fully rented as well as 3/4 garages units our back being rented separate...
Most economists are in agreement that we should be heading into another downturn in 2018. This seems to hold true from my own personal observations as well; there does appear to be a downturn every few years almost li...
Hey guys!Ive been listening to the podcast at work and decided to give this a shot. Below is the spreadsheet model that someone posted and I decided to do an analysis on the first property I saw on realtor.com for thi...
Well, I started out looking for a flip, but found a 2/1 that makes a good rental, so I'm going to hold onto it. It's an REO that I have under contract for $32k. It needs around $40k worth of work and has an ARV of $...
Tenant does not want to pay utility charges till statement shows her date of occupancy. The utility statement has meter readings backdated 1.5 mths as it comes from the power company. Utility statements are on a rolli...
I have long considered renting out to Section 8 for the consistent rent checks. Has anyone here done it and what has been your experience with it in the SA area?
One of my main questions is determining rent. How do...
Hello, I am having an issue with a neighboring business that has customers that park in front of my house and blocks my driveway and parking spots. How do I go about assessing this situation? I reached out to PD and o...
How should I underwrite tax increase post acquisition? The sales price is 2x the current appraised value of the property. I'm afraid that the next time county assess the property, property tax will double. What should...
Hello BP Friends,I just closed on my first multifamily property (out of state) and one of the units is currently occupied with a month-to-month tenant. I have mailed a formal introduction letter letting them know how...
Hi,
I just bought my first turnkey out of state property from the roofstock (still in the closing process). How does anyone start their first rental property? is there anything I need to be aware of? and what should ...