Cedric Van Duyn
Question about Tenant Drug Suspicion
Looking for advice from those with experience: We manage a small multi-family property, and we have a strong suspicion of drug use in one unit. So far, there has been no disturbance to the community, but we want to ge...
Jake Andronico
Did we already experience a "crash" in 2023...?
Not many people know this, but Reno, NV is actually the 23rd most expensive market in the US. But, why??1. Land Constraints: - Surrounded by dense mountains, our small market only measures about 15x20 miles. - Lots of...
Ben Gleason
Mentally Ill Tenant Found, Apartment Abandoned....Now What?
I have multiple posts discussing this tenant, but I will summarize.I had a tenant living below me and over a period of 3 months he became more and more delusional. He believed people were out to kill him, people were...
Account Closed
Want to start wholesaling - is it for real???
I’m new to BP so hello everyone! I recently switched jobs and my pay got cut by about 30% (around 40k). A friend of mine sent me a podcast where the topic was wholesaling. The guest basically cold called owners off di...
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes. Given the recent pickup in activity, I thought this would be a good...
Manuel Angeles
USA National Hospitality Market Report as of October 1, 2023
Greetings,Here is an update on the current National Commercial Hospitality Real Estate Market in The United States of America:Growth in U.S. performance metrics has slowed sharply over the last five months. This c...
Chris Martin
When will Opendoor close its doors?
The homebuyer/flipper company Opendoor Technologies (OPEN) is starting to look like a zombie company. Last quarter, they produced negative gross margins (-12.6%) and lost $928 million in operations. Their market cap (...
Samuel Huang
Advice on next steps
Hi All!
I'm looking for advice on how to proceed next.
I'm trying to find an out of state investment property for about under 300k (lower the better of course).
The markets I've narrowed down is Fayetteville NC, La...
Paul Beauchemin
Why not to be a San Francisco landlord
The laws bar landlords from raising rent above 33% of a tenant's income
http://www.latimes.com/news/local/la-me-san-francisco-rent24-2009jun24,0,568083.story
Karl Marx would be proud!
Brian Moore
Even an experienced investor needs to avoid hubris!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sparks.
Purchase price: $330,000
Cash invested: $90,000
Contributors:
Cooper Marcus,
Michael S. Helton
...