Christopher B.
Determinig the value of Multi-family properties
I am looking at purchasing Multi-family properties where the numbers work, they cash flow just over $100 per unit, and meet the 2% rule, however for at least one of them, and for other in the future, I would like to u...
Torey Chumbley
Payoff home or invest
Hello BP family!
I’ve spent many hours researching turn key real estate and I am about ready to finally pull the trigger. I have about 100 K saved to start my first deal but wondering about my strategy to pay off my h...
Ryan Billingsley
Great potential lead from our Direct Mail Campaign but there is a problem!
We recently received a call from our direct mail campaign. Seller is motivated and owns the property free and clear. The property is 3/2 1500sqft. home in a A-B class area built in 1972. The property is worth 170-1...
Jason Malyon
Should i get life cover & a retirement annuity?
The big question that I have battled with for years: should I get life cover and an retirement annuity?I had 2 kids quite young, before I was financially stable, but we made it work, I am the bread winner with a decen...
Lokesh C.
Property manager not responding
Property manager not responding to my email or phone. I have not received last month rent. what should I be doing?
Charles Stubblebine
Raising Rent
Hello,I rent out the first house I bought. I have had the same renters since May of 2014, almost two years. I have charged them $1400 a month and never raised the rent. I would love to get some feedback from this comm...
Account Closed
Smoking and Pets...YES OR NO?
Without being to terrible cynical here, I understand the demographic of what a renter is. Of course there are wonderful renters out there, and there are terrible renters out there too. The middle course or group, I th...
Nancy DeSocio
Does more parking add value to a property?
Hello BP community!We recently purchased a 4-plex with a driveway that is big enough to park 4 cars but only two units have a parking space (otherwise, they'd all be blocking each other in). The parking spots were al...
Heather Rodden
When choosing a tenant, do you…
I recently had multiple people apply for one of our rental houses. I narrowed it down to 2 people. Do you always go with the best choice even if they only want to rent for a year? First choice has excellent credit sco...
Tim W.
Gas bill needs to shrink now!
10 unit in Cleveland, OH. Only 5 tenants and gas bill is $700/month. Is it me or is that high?
What change/upgrade should I do to reduce this bill other than charging the tenants a "utility bill"?
Any help/advice ...