Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
I'm a guy approaching middle-age, living in Chicago.
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
Real estate investing is a team sport and at different points in the game different players will play more important roles.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
So I get your hesitation to be too demanding and your desire for the problems to go away as fast as they can, however since you have NO property manager ( I don't use one either), it is incumbent that you take a more ACTIVE approach with management of your property.Let's review your situation. 1st time leak occurred, you sent a plumber over to find the problem.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
I think this approach ensures that every aspect of the chosen location is carefully scrutinized, helping investors make informed decisions.
Kevin G.
Investing out of state doing BRRRRs
27 January 2025 | 12 replies
I’m sourcing carefully and trying to approach it methodically, especially with the added layer of investing out of state.It’s good to hear advice from someone with experience.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Highlighting features like “walking distance to top-rated schools” helped me attract renters even during slower months.Negotiate SmartlyWhile sticking to your legal rights is important, a pragmatic approach could save time and hassle.
Kemi Okosun
Introduction and New Member Alert
7 January 2025 | 11 replies
Columbus in particular has been a strong market for both approaches, with solid fundamentals for long-term appreciation and cash flow.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
The only approach I’ve found effective is offering a deposit alternative, which lowers upfront costs for tenants without devaluing your property.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
This fosters a top-down management approach that ensures accountability and efficiency throughout the property.As I've earned from my own experiences, the difference between a good operator and a poor one lies in effective asset management.