Hi All!Just closed on a three family with existing tenants on a lease. I have a few questions on how to go about communicating expectations we have as the new landlord.First, how would you communicate expectations and...
Good afternoon BP community,I am looking at purchasing a 5 unit apartment - house. Only 2 of the 5 tenets have a lease in place the remaining 3 do not have leases and have been long term tenants. The unit is in Virgin...
Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
Hi everyone, long time BP reader and first time poster!
I know a lot of people here have rentals in NW San Antonio. Would be great to get people’s thoughts on rent growth in the next 5-10 years.
I currently own two...
Hello,Unfortunately, I'm in a situation where I've had a rather poor experience with my property manager. They have made numerous mistakes over the years and I'm ready to move on (missing repairs, poor cleaning, slow ...
8 months ago I purchased an apartment building with some less than ideal tenants. I have one tenant who's lease is coming up at the end of next month. I sent out a letter feeling out if they want to renew. This is ...
So I'm caught in middle of a sticky situation and it is partially my fault. Looking for what steps I should take next.*August 13th a current tenant called to inform me that she got new job across state and that she w...
Pro Members - I am hoping for some help / assistance. I am partnering with a local RE development group to follow up and chase incoming leads for them. Basically I will be acquisitions specialist or director.
A...
Mornin’ BP! I have a $150k piece of land (w/ well if that matters) that I intended to build my primary residence on. I own the land free and clear but I now intend to use it to help get into a MF investment property. ...
It been a crazy year but I just closed on my first wholesale deal couple weeks ago. I’ve learned a lot from my first deal. Everything in life is about mindset and Take calculated risk. My recommendation to any wholes...