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How do we factor in property management expense into cashflow? Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...
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Hey BP! So, my wife and I purchased our first investment property in May of 2017 (a 4plex). We comepletely renovated one unit and moved into that one unit. We've increased rents on 2 of the other 3 units and soon ...
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I want to start out-of-state BRRRR. Does anyone have recommendation as to what city I should start? I am looking for places that has good potential to appreciate over time and good monthly return (~1%).
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Hello all,Would love to hear your thoughts on whether there is a beach town that allows short term rentals in California, and where the following plan may make sense. We're looking to buy a property (most likely a con...
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I spent a long time looking for an existing thread on this but could not find one. I have been a reader for a long time and this is the first time I have created a thread because every other time I have found one. Her...
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BP Community,Can anyone share their experiences with 60-day no cause evictions for duplexes? I have worked with larger apartment communities in the past but I need to confirm if there are any different rules that I m...
I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
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Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...
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So last night my tenant and I went through our property move out inspection walk through. I had bought this property about 6 months ago at auction and inherited this tenant. Needless to say, the place is destroyed. ...