I just purchased a multi-unit apartment complex that came with an onsite property manager. What agreement should I do with that person? I want to be fair so the person live rent free or should I compensate like an ho...
Hello BP community, I've recently been having A internal debate with myself on how to proceed with the question I have stated above. I plan on buying my first residential multi-family property after I graduate college...
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
Hi, my name's Danny, I'm 25, and I live in Royal Oak Michigan. I finished reading Set For Life last week and it opened my eyes to the world of real estate, and I think I'm hooked now. I want to use this post to introd...
Hello.I have a SFH that I recently bought. I’ve gotten different opinions from property management companies on the work that’s needed. I want to limit the work to make the place rent ready but not break the bank a...
I know the common ones:-coin op laundry-rent storage space-rent parking spaceWhat are some other one's that have worked well, and some that have not?
Hello All,
I am putting together an operating plan (the first 100 days) of a 20 -unit multi-family acquisition. Can any one can share their thoughts/insights of this First 100 Days plan such as the various e...
Hello to all in the BP Community!!My name is Jason Lugue and live in Rockland County, New York. I've come across BP after researching different avenues of investing outside of retirement. After lurking around, I’ve d...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $106,000
I am beyond excited that I recently closed on my second duplex in St. Louis!
I secured an...
Hi,
I am considering purchasing a four unit property that is in decent shape. The utility is paid by the tentants. The rents are 550, 550, 600, 600. Tax is 3500. Insurance is 700.Building is one hundred years old. New...