Hi I am a new investor in the Philadelphia area. I found a triplex approx. 3k sq ft total -(2bed/1bath each unit) built in the early 1900s and began running the numbers on it. The property has a relatively new roof (&...
On moving from Bay Area to Sacramento the multi-family market here looked a lot better, but after analyzing a bit more I am realizing that the cap rates are not significantly different and come along with a reduced ap...
I have a tenant who has an electric vehicle. When she moved in, it was a small Mini Cooper--I gave her permission to use the outlet on the building (electric I pay for). I never saw a major change in my electric bill....
in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...
I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
I'm planning on another STR, but this one has a rather large pool, where many STRs in town have a small plunge pool. In SW Florida our season is typically January-April. A pool heater will definitely make the STR much...
I currently have a rental that is about half way through its 2 year lease. The current lease is for $2,350 a month ($100 below market at the time for a 2 yr lease) but a similar property recently rented for $2,600. Ba...
Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees. They are also smokers and their unit is horrid. They are month to month. What are common practices to remove...
Hello fellow BP members,
Please kindly offer your advice on this property deal. This would be my first commercial apartment building. Its an out of state property in Columbus, Ohio. 12 unit - 2 bed / 1 bath apartme...