Brien OConnor
Am I Spending Too Much to Rehab a Buy and Hold Property?
OK, so we bought our first property in May. A 1930s or so craftsman house. It has character and hardwood floors throughout. We paid $77K, 25% down. We ended up with about $27K in rehab. The place looks great. Ne...
Spencer Brennon
Help Analyzing NJ Multifamily Deal
So I've been looking into a multifamily deal in north New Jersey, where it can be hard to find anything worthwhile that doesn't require a host of renovations. But I've found a nearly-turn-key 3-family (with optionalit...
David Kramp
How to approach tenant about possible eviction
Just wanting to know a good way to approach a flaky tenant who has exceeded her 60 day notice to vacate. She is asking for more time to find a suitable place to live here in Santa Barbara. Low volume of rentals in our...
Gary Stringer
To raise rents or not to raise rents
I have two tenants who have been with me - one for 4 years and the other for 7 years- We have been through tough times here in my locale and there have been many empty units- I have these tenants in single family home...
Joe Prillaman
1st BRRRR Property - Fayetteville NC
For all my Wilmington, NC and Fayetteville NC peeps,I have decided to start posting more on the forms. I have never been a big player in social media but I want to inspire people to go ahead and jump into real estate!...
James L.
Turning a short sale into a 1st. position note acquisiton?
This is my first post on BP. I have used the search function and gone through the notes section and have yet to find answers relating to my current circumstance. If these questions have been asked before I ap...
Eric Sebast
30% property management fee on long term properties?
Was hanging out with a friend of mine in Nashville TN a couple of days ago, and I knew he had investment properties, but it's not something we've ever really talked about. Mentioned to him that we were under contract ...
Patty Capson
Charging for water and heat
I just purchased a fully rented triplex. It has a shared boiler and shared water heaters. The seller added a little bit to each lease, but not nearly enough and the rent is already under market. The families in the u...
Brett Wagner
Apartment Investing Rookie
So, I've been working on saving for an investment property (1st one) and along comes an opportunity to buy an apartment building (6 units; $130k). It needs a lot of work, but it is fully occupied with long-term tenan...
Philip Bourdon
Only Bathroom is in Basement - Still Worth a Try?
Almost a year ago, when I was considering wholesaling, I drove through Pittsburgh neighborhoods and would send out yellow post cards to owners of empty houses.
I changed my mind about wholesaling, but a lady called ...