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What’s up BP. So I have decided to take one of my properties and manage it myself. I have a PM for the rest of my properties. I have one applicant that meets all my screening criteria. Listed below Income 3x rent (3.7...
After 9 years in investing in a 4 unit in DC with section 8 tenants, intense city govt regulations, multiple fines and tons of (painful) lessons learned, I am done. The tipping point is the recent DC Government legisl...
My tenants are currently on a one year fixed term lease. We are located in LA, California. He and his wife earn upwards of $300,000. They have just had their first child and would like to buy a home in LA. Upon se...
Imagine .... walking up to someone with a bag over their head, and trying to have a conversation. PLEASE ... if you haven't posted a profile picture in lieu of the stock icon, I'd like to encourage you to do so! I...
I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
Hi, I'm new to multi-family rental investing; trying to get my spreadsheets in good shape.
Can someone help me understand: If the 50% rule starts out estimating 50% of gross rent goes to expenses, and folks o...
I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.
I was told that was not allowed in RI- anyone have experience with this...
I don't know why I'm stuck on this...a bit of paralysis I think.
I'm looking at a $200,000 4-plex in a below average area. Not gang infested but the neighborhood isn't really kept up. Also, not a lot of comps...
I have a rehab property under contract at 41 cents on the dollar with approx 15-18K needed in repairs, and my last day of the due diligence period is next Friday.
I’ve tried quite a bit to find a buyer, but no bites...