Hello BiggerPockets community. It's been a long time since I've posted, so bear with me... I'm a little rusty. I'm under contract to purchase a multi-unit property in the Richmond Virginia area. I live in Northern Vir...
Dear members!Just got this report from my management company and it says:"- Repairs & Maintenance - Plumbing repair - Bathtub needs to be snaked out. $294.00"Is this sounds reasonable?The bathtub is pretty small, ...
https://apple.news/Aek6dXXKpQ8a1WPan_PB9PgI keep feeling there will be greater movement in housing pricing than previously thought. Blackstone has made the move to return to the SFR arena with its 300 million investm...
So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
A seller is interested to sell the property to me and willing to lease the same property for 3 years. The seller holds an FHA loan on the property at sub 4% interest and have 27 years left in the amortization. The sel...
Ok, So I'm wanting to contact a bunch of Multi-Family owners about purchasing their property. I know some people have done or mentioned getting "lists" of owners in certain towns or areas etc and doing mailings or col...
We were very happy with the automated rent payment system from Erentpayment.com, however, after they the issues in November when they lost rent payments we are looking at other options. What other services are out th...
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...
I'm looking at this building, ARV (though I plan to hold) is 750k, needs 100k at least (150k pessimistic est), and the seller is down to 425k (mortgage is 410k which I will assume, though I will have to pay back some ...