We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
I have a tenant that pays on time each month, but does not keep a clean unit. I have a $650 security deposit for this persons unit, but if the tenancy were to end today, it most likely wouldnt cover the cleaning, pain...
Hi BP Community,My tenant/neighbor let me know of an issue related to water seeping from my top floor condo unit into the unit below approximately 1 month ago.I contacted contractor #1 and I was told that they would b...
Question for all the seasoned NYC / Brooklyn / Queens multi-family buy and hold investors out there. When analyzing multi family properties in our high-cost area, what rule of thumb or percentages do you use for esti...
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...
Ive been using QBO for 8 years and it has been O.K. at best. I have a decent size RE portfolio, and use professional property management. I don't need a property management based software. I know how to use the basic...
Looking to make meet fellow BP members in the Oklahoma area
Hello all, I am a young (21 y/o) investor from the Austin area looking to broaden my horizons. I have been buying and selling vacant lots for the past three years, and am finally (after the close of my last 2 properti...
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...