What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...
I am in little bit of mess right now... We bought this property where tenant was already in place and we assumed current lease. Soon we discovered tenant have pest issues in the property and also had history of paying...
Hi everyone
I'm a landlord from Stamford, Connecticut, and I'm seeking some advice about my two-family home. Here's a quick rundown:
Location: Situated on a nice dead-end street, just 0.7 miles from two local parks/...
I just paid for my newest rental. It's in a quickly-improving neighborhood that was a D neighborhood two years ago, is probably solid C now with downtown and near-downtown gentrification moving in from two directions...
Hi All,Long time follower, first time posting. We are getting ready to launch an equity fund for an opportunity we have found. I wanted to get some feedback to see if our offered returns are "market rate" and to see...
I'm curious if BRRRR ("fix & rent") works in the Columbus metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refin...
Hello! My Current tenant has been late on rent. He lost his job and found another one fairly quickly so I set him up on a Payment Plan to pay back his owed rent for the half of October that he owes to December 2022. T...
I work in NYC so I have been searching for duplexes and multi-family homes with the idea of renting one unit out while occupying the other myself in areas with a decent commute. It seems the only areas where ther...
Greeting BP family,
Just finished a 2 unit rental in beautiful Baltimore city using a hard money loan. I'm looking to refinance into a conventional loan ASAP. Can anyone recommend a good local community bank or credi...
Good evening BP!Have you used a VA before? If so, in what capacity? I am a real estate broker, investor, property manager, which makes for a challenge with "time" spent on administrative items. I can't even imagine ...