Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
So I have a few rants that I would like to share. I feel like I can move on after sitting on the BP chair and talk about it.Story 1 - 22 unit complex in Houston TXSo I purchased a 48 unit complex about a year ago for ...
For those of you who are familiar with the LA area, I'm trying to buy my first place at 31 years young. I work in Santa Monica, currently live in Venice and rent for $1495/month.I'm not even close to buying anything i...
In reading and discussing I am hearing different opinions on real estate sector that will be hurt the most? Retail / Office / Industrial/ Multi Family
There has been a lot of talk of people moving out of California. To this effect, the Los Angeles Times has an article that goes by the subject "High taxes be damned, the rich keep moving to California". Has anyone rea...
Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...
I'm curious what the hive mind thinks.My husband and I bought a 36 unit property in November 2014. It was a total slum - drug dealers, cockroaches, etc. Through our personal blood, sweat, tears and money, we renovat...
Hello BP,Before I go into the deal specifics I feel like I have to justify WHY I am choosing to invest in San Diego. Essentially it all boils down to my current situation. I am a first time buyer, Navy veteran current...