I'm aware of the vacancy rate being 6% in the SFR industry but I was wondering what percentage of units go on the market every year from your portfolio. If you manage properties, what do you typically see?
Just curious out there, I have been going to my local REIA meetings for the past few months and trying to network there. Recently I struck up conversation with someone who works a lucrative full time job and is just i...
We now have several multifamily buildings - each with its own robust insurance policy. However, it was suggested by a friend that we should get an umbrella policy for each building.I inquired with our agent and he adv...
Hi All, Just for starters I'm fairly certain folks are going to come up the wood works here to defend his reputation and let others know how good of a Guru Mr. Gibbons is, which I'm not addressing, nor am I kno...
I cant find much about doing this online since the layout of this house is a bit unusual. Its a bi-level house. Two story. The first floor is 1500 sq ft, the second floor is 1500 sq feet.
The first floor is entirely...
Hi All - A general question on having LLC. I am planning to add my properties into LLC not as for Accounting reasons but more like having added security b/w myself and tenant(s). Is this a good valid reason? Should...
Hey everyone,So I've been in the Hampton Roads area a little over 3 months now, and I'm in the process of closing on my second rental property in which I was the highest bidder on auction.com. This is a little risky o...
Hello everyone! I'm new and just sent off my first batch of yellow letters for multi- family units. I've just got a response from a motivated seller that's in a very nice upscale state. She's looking to sell or even p...
Hello BP: I am currently living in Sublimity Oregon and working out of Salem. I have been in the US Army for the last 17 years and am currently working in the Recruiting Command. I am looking to learn as much as I ca...
Hello fellow BP'ers! I'm seeking some advice for living in the same building as my tenants. Next year in the spring, I plan to purchase a multifamily home, and I'm trying to think of ways to convince my possible tenan...