I'm looking at an apartment complex that I really like.  The only issue I see is that everyone is on one electric meter and LL pays all electric.  There are 33 units which is far too many.  It is priced accordingly, b...

We relocated to NJ last year and do not own a home, thus are unfamiliar with agent commissions here. What is the average buyer’s agent percentage in affluent Bergen county? I know "it’s all negotiable” but no need to ...

I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...

Should I remove the plaster that is attached to the inside of an exterior brick wall, or keep it and just build a 2x4 frame and insulate, drywall, move outlets.  This is a 4unit low income property that I am upgrading...

My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...

After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...

I am looking out to rent out half a duplex. I am living in the other half. Currently located in Indiatlantic FL. Given the age of the home and proximity to the water, the landlord’s insurance we qualify for is not tha...

BP Community,After spending several months listening, learning and analyzing I am asking for a couple of minutes of your time to give me your opinion on the following deal (which would be my first one). Is it a homeru...

Wanted to see what other landlords thought about this situation.

We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.

The basement apartment has ...

Thanks to the help of @Michael Noto myself and my partner are closing on our first property in New Britain, CT tomorrow afternoon.  This is in a good neighborhood, directly across from a school- a three family unit.  ...