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Although it can often be an economically superior alternative to pay your delinquent tenants to move out, it can also be personally and morally challenging out of principle. What might have been $750 to an UD attorne...
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When you do a walkthrough of a rented unit (assuming you do) what are some of the things to look out for? Also, what questions are you asking? I am looking for smoking inside, making sure the electrical outlets are co...
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Why are you in real estate? What was the source of your motivation?
For me, I grew up with it. My dad was a professional and my mom bought and managed the apartment buildings. I spent my summers painting and clean...
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Can anyone comment on the relationship between cap rate and price per unit? I would think the higher the cap rate the lower the price/unit. I am looking at the 2019 forecast in the Berkadia Report and it is showing a ...
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Hi all!I'm currently looking at a pocket listing in Troy, NY. The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,...
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Here is my situation.
October 2020, Tenant A moved in.
Approx. April 2021, Tenant A sublets her apartment ILLEGALLY to Tenant B (no landlord approval, lease clearly states it's illegal to sublet).
No rent is given ...
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My mentor gave me an assignment to write a micro-blog about how I got started in real estate. I have been sitting in my chair for half an hour trying to think of the perfect way to start telling you guys the story of ...
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Hi all,
I'm looking to find some apartment buildings to invest in the Nashville area.
From what I understand the following areas are hot now:
Gulch
West End
German Town
Williamso...
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Would love to hear how the BP landlord community is showing houses right now that are in markets with very high demand. My property is tenant occupied and will not be vacant until Aug 15th. I would like to get a ren...
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Hello all, this is my first post here at BiggerPockets, so I appreciate any advice and/or criticism you have to offer.My wife and I have bought and sold 2 properties for profit in the last couple years and we are curr...