Chris Agun
Using home equity to finance a multi-family
2 January 2025 | 5 replies
For instance, one investor I worked with used it to jump from a duplex to a 4-unit building in Phoenix, effectively doubling their rental income as well as the forecasted appreciation rate on their new property.
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
A colleague of mine has bought two properties owner-occupied back to back in Arlington (with a 5% rate and a 7% rate) doing basement conversions and renting rooms, lowering his effective monthly payment on each property to sub 2K each time.
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.
Sean Leahy
mid term rental
16 December 2024 | 4 replies
I am writing to explore rental opportunities for a recently renovated property that has been 90% restored following fire damage.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Giacomo Matthew Degl'Innocenti
Decency of treatment and unfair losses
26 December 2024 | 11 replies
If, any bad tenant could be evicted in a few days and held responsible for the damage they caused.
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
If interest rates come down, then we should see more demand for homes, which will increase prices, and have a modest dampening effect on rent growth.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
POHs inherently contribute to elevated expense ratios due to their operational demands, and this effect is magnified when the number of homes is limited, as fixed costs are distributed across fewer units.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
@Ethan Slater here's some info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Mike Montanye
Deal Machine Customer Service
3 January 2025 | 14 replies
There's other dialers out there that's more custom tailored to organizing calls, lead follow-up plus much more cost effective and honest with a live customer service line.