Eric Bunratty
Creative ways to increase cashflow!
Hey BP! I am just getting started in both the real estate and BP worlds -- I love the fact that, as owners, we have the ability to pull on different cost-levers to increase the performance of our properties! I have a ...
Nick Littleton
Hold strong or Drop Price? Marketing strategy questions
I know it's December/January which is not an ideal time to neither sell or rent. Private landlords in the neighborhood that we invested in are renting their SFH at $2950, but they listed them in August/September. We...
Thaddeus Ramirez
Electric bill is too high
What to do?
Have a tenant after 3 months of perfect rental payments requested that we negotiate a break of the lease because her electric bill came to high. I sent her a application for heat assistance in my area but...
Christopher Reynolds
Adding Temporary Guest to Lease? (Massachusetts)
Hello everyone. We have tenants who moved from another part of the country to live in our 3 family building. They mentioned having a daughter that was moving up here too, and would be staying for a few weeks when sh...
Dustin Espinoza
How to properly analyze a multifamily property 5+ units
Hi BP,
I am currently attempting to analyze a 10 unit multifamily property and I would like to request for the information necessary the first time around. So far this is what I have:
1. Property price = $625,000
2...
Liz F
I need tenant to move out.
My tenant Lulu called me couple months ago to tell me she was moving out. Lulu has been there for one year so the lease term was no problem. I sent her a move out checklist. The end of the month came and Lulu showe...
Terri B.
Prospective tenant does not have deposit until move-in day
I'm in the process of renting my STR out for month to month during the winter season. Prospective tenant has already presented some.red flags but I said we can be more lenient bc it's short term. To protect my interes...
James Bavaro
Deal Analysis - My First Investment Property
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*This link comes directly from our calculators, based on information input by the member who posted.
Hey Everyone, 25 year old Physician Assistant. Heavy stock market index fund investor. Future Real Est...
Bill E.
Thoughts on this 12 unit?
I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
Derek T.
Average Lot Finishing Costs?
I understand it varies but if you have a .5-1 acre infill lot what would be your average lot prep expenses? How much would you add for not being level or if treed lot? Thanks!