Hi, All.  I've been looking for a multifamily property, and finally came across one that seems to work.  All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630.  So Net Inco...

I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...

I am confused.  I have heard Lease Option, Lease Purchase and Rent To Own.  I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me?  Her...

Hi All,
Our tenants moved into our downstairs unit not even a month ago and just asked if they can bring in two cats. The lease clearly states no pets and we are pretty firm on this rule so we let them know that is n...

While re-reading one of my favorite books Rich Dad Poor Dad, I came across a powerful quote that speaks directly to pessimists and those influenced by their inactivity."WARNING: Don't listen to poor or frightened peop...

http://www.marketwatch.com/story/double-digit-rent-hikes-are-on-the-way-2011-01-13

A perfect storm is brewing for rents to rise.

Some highlights:

"Multifamily developers broke ground on just 114,000 units in the Un...

Whether tis nobler to fix and flip to outrageous fortune, or to landlord and wade into the sea of trouble.....

....my apologies to the bard........

I've seen so many references to "burned out land...

Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!....").   I personally ...

Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...

What are the topics that come up on BP way too much?

LLC or not?/ transfer to LLC

Guru stole my money guru is a scam

Best flooring for my rental

Any others?