Hello!! my partner and i recently purchased a duplex that we plan to househack. The duplex came with two tenants. We have served a 90 day eviction notice to the tenant who’s side we plan to occupy. We are writing a n...
If anyone has questions about the general contracting laws in Arizona in regards to flipping a home as a business such as. Why must I use a general contractor on my own investment property, why can’t I do whatever I w...
Being so heavily involved in the Property Management Industry over the past 14+ years, I have heard so many different concepts when choosing a management company to manage your assets. People will tell me that it is n...
I'm looking to acquire 10+ SFR rentals. Let's assume I've accounted for all the following expenses before profit:
MortgageInsurance
Vacancy (5%)
Repairs (5%)
CapEx (10%)City Services (utilities, etc.)Let's assu...
Hello BP community!My name is Zach and I am new to real estate. After graduating from Virginia Tech with a BS in Civil Engineering in 2014, I currently work as a Project Engineer for a commercial construction manageme...
Hey guys,
Question for you, I have a duplex In NJ that had 1 oil heating unit for both units so I payed for heat. I’m currently getting 2 units so that cost won’t fall to me anymore. I’m curious what kind of rent adj...
Hi I’m a landlord. I have tenant who has been renting my SFH for the past 8 years. In the past, I have noticed he was installing security cameras in the front door, on the window in the living room facing outside, and...
I wanted to share some details and timeline from a recent project we did - hope this will be of benefit to some readers. Aug 2019: Purchased distressed 20 units in Cincinnati, OH for $450,000 all cashProperty is 70% o...
Has anyone raised rent during these Covid times? We haven’t raised rent since tenant moved in 3 years ago - this property is a condo and our HOA just increased and a brand AC unit was replaced last month. I was think...
I have an opportunity to put an offer on 7 units (5 SFH + a duplex) that were recently appraised for about $700k. They all have serious deferred maintenance, I'm looking at probably 2 new roofs, 2 new furnaces, 2 new ...