Happy Monday BP,I purchased a 3 family last August in Westerly Rhode Island which I inherited 2 tenants off of. Each of the leases that I took over have been fulfilled and have moved to month to month. I would like to...

Hello BP,My question is how much is a standard charge a property manager should get. I understand its up to the property or properties they manage so I will give a scenario. San Antonio TX, duplex 3/2 , 3/2 rent curre...

I am looking to purchase a duplex in St. Paul, MN. When I visited the property the tenants told me the home has mice. In your experience is this a deal breaker or somwthing that is easy to fix?

What are come common exit strategies for a buy and hold investor?  Considering investing in properties with little or no money down.  If I need to sell, I'll incur the typical closing costs which would essentially mak...

I am familiar with single family rentals, and in my area the typical rate for property management is about 10% of rent collected. What is the ballpark percentage for multifamily properties? I read another post statin...

How do you folks go about categorizing income and expenses on your rentals?

Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...

Hey BP,
We are in negotiations on this immaculate 6 unit multifamily property which consists of a 3 Family house and 3 Mobile Homes. We have the property inspection on Saturday and think that it will go fine. The pro...

My tenants are two adults (unmarried couple) and a minor, Should the minor be on the lease agreement too?How much should/can I inquire about the minor?

I'm currently comparing two multiplex units. Both are quadplex with 2bd 1 ba mostly comparable price. Main difference is one quadplex comes with an HOA that covers water, sewer, garbage, exterior building maintenance,...

Hi All!I'm re-habbing a two-family. The first floor is done and rented. The second floor has been a hassle. The previous owner used latex paint to paint the border of the standard vinyl tub/shower insert. It's peeling...