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Hello,
I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...
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In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.Another reason why apartment...
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Hello everyone, I am a new landlord with little experience and wanted to get some insight on a rent increase I am planning on my rental home. It hast been 2 yrs since the tenant moved in and assuming they want to sing...
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Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
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I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
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New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
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Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
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I've enjoyed my views from the back row, but have decided to lose my 'Forum Post Virginity' this afternoon.
I'd like to start by giving myself away with CREATIVE FINANCING
While that may sound sugges...
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
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I own a lot of multi units with high turnover. My current PM company takes the first months rent for commission on new tenants. But the agent is also refusing to show the property while it's still occupied when a ten...