I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...
Hi All, I have a landlord-renter dispute that I was wanting to run by you all to gather some input before I proceed further.
For some background, I bought a property in a small college town in July 18’ in which I inh...
So I felt like this would be a good subject to journal, both for the input from the pros and as a loose guide for others venturing into this field of investment.
Although I have been involved in the purchase...
Short IntroductionI currently work full-time in a stable, but dead-end job. I am a IT Technician for an automotive company. Being a non-IT business, the pay is low, but I make due by fixing computers on the side and...
I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
Hi BP colleaguesI am new to MFR and I am hesitant to venture in Class C/D neighborhouds and buildings for investment. As I have limited capital I have no choice but to look at Class C/D types for investment. I am not ...