Looking to make offers off market, but want to prequalify them as having equity in their home. How does one determine that?
Hey there,Simple question, I had the property management have the tenant responsible for water and sewer. They are now behind >$300.Is this a bill that can come back and attempted to be collected from me? Or is th...
Hi All,I'm currently managing a unit with 4 tenants and I've originally arrange the lease to have all four tenants be jointly/severally responsible for the rent. With the new lease cycle coming up, they've asked to r...
Hello Bigger Pocket Community, I am going through the process of choosing a market. One thing I have run into is a major market that has rising 5-year vacancy rates, and rising YoY permitted units. Why is it a bad sig...
I own a rental property in Chicago that currently has a lease and the monthly rent covers the mortgage and HOA assessments exactly. The unit is not listed for sale and I owe more on the property than the market value...
I have a property for sale by owner for $25,000
ARV= $70,000
2 beds 1 bath 1,150 sqft
I'm puzzled on what I should offer!
For potential wholesale deal in Lafayette,La area.
Help would be appreciated.
Hi,We recently saw a property with a lot size of 6,600sq ft but is zoned R3. It has a 1200sq ft house in the front and 730sq ft work shed with a garage in the back which the current owner has grandfathered. According ...
Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...
I'm new to REI and I have on okay credit score and my wife has a real good score. Should I look into 203k loans to get my first rental property? Has anyone had any experience with a 203k loan? Help please. Thanks.
Hello! New to the forums so hope I'm in the right place.. So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns. I am curious...