Hello forum,
I am a leasing agent at a rather large property management company. We had a tenant that has been living in the same apartment for the last 11 years move out today. This tenant worked maintenance for o...
I've recently started researching properties to buy with cash, and use as rentals, then (possibly) selling if the market increases enough. However, it seems like I'm missing something. The area I'm looking in has larg...
Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
I've done a lot of investigating and found that if there is one thing that will kill a real estate investor, it is CapEx. CapEx has been dubbed the "Silent Investor Killer" because many investors don't a lot enough to...
Hi all,
My first post in this group. :)
I manage my own long term rentals. Part of my process is to email or hand the potential tenant an application to fill out (with pen) and they will either scan and email back t...
My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
Hello All!I'm a new RE investor and have been lurking around BP for quite some time now. So here's my story... After some research on a neighborhood, on the internet and physically driving around the entire neighbor...
Hi. If this is not the right place to post I apologize and I will remove it. Both Landlord and I live in Virginia.I have asked the Landlord in December 2018 if I can move out earlier than the original lease end date(...
After several successful wholesale deals, I’ve been actively looking to take on my first rehab. I came across this deal and I need your help analyzing the situation. Do you think this is a deal?
My seller needs to...
I have a tenant who rents a Single home and refused to heat the home during the winter. He would use heat in only the bedrooms. Pipes froze and burst in kitchen, Plumber repaired the problem. i told tenant he woul...