Liliana Allison
Preparing to close on apartment complex
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
Amanda Lee
Getting Market rent for an average apartment?
Hello,My husband and I are new landlords, just bought our first in October. We are located in Newark, NJ in an area where a 3 bedroom goes for 1300-1800 and a 2 bed goes for 700-1100 ish. When we bought the place, the...
Bruce Scannell
LLC Formation, who's the managing member?
BP world,I'm trying to put together the operating agreement for a property holdings LLC and need input on the pros and cons of making myself managing member. I have a management LLC with my wife and I, and I'm looking...
Joseph L.
Multifamily Before and After Renovation
Hello Everyone,I thought it would be a good idea to share my progress on a multifamily property renovation here in Baton Rouge, Louisiana. I will share many before and after photos as well as the numbers involved as t...
Karen Musselman
Feedback on a potential domain name?
Hi folks!We're in Berks County PA, which will be our main target market for starting wholesaling REI. We're still kind of limited on cash so I'll only be registering one domain. I can build a "landing page" or secon...
Dean OMalley
My first BRRRR deal - SFR in San Diego
Investment Info:
Single-family residence other investment.
Purchase price: $455,000
Cash invested: $650,000
My first BRRRR deal. Purchased an 800 sq ft 2bd/1ba single-family residence for $455k in 20...
Darren Chang
Multi-family land around Seattle
I'm thinking of buying a vacant land (or a rundown building) and build a small multifamily on it, maybe a triplex or quadplex. Then I will move into one unit and manage the rest as rentals. Any ideas/suggestions on ho...
Sarah Byun
Lease renew and increase of rent
We just purchased our first multi-family property and couple of the tenants have been there for more than 10 years without a rent increase. The rents near the area are about $75 to $125 more than what the tenants are...
Federico Cantero
Is my way of thinking OK or Im just making castles on the san
Good morning to all.Im a newbe and Im struggling to make a decision over 3 Rental deals that I have on sight at the moment. The issue is the result on the rates Im getting for the first year of cash flow.Two of the 3 ...
Albert Young
How co-borrowing impacts future debt to income ratios
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...