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Hey BP! I hope everyone had a great weekend. Here is the situation. I was contacted by a seller from my direct mail campaign. He has a house listed at 69.9K since March. He also has 4 other properties that he's willin...
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Recently closed on a 4-unit multi income property. One of the tenants currently has the following pets in their 1k sq.ft unit.18 kittens/cats4 dogs (small size)4 iguanas6 birds3 rabbits2 hedgehogsand a partridge in a ...
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I just took over managing a property and gave my tenant a new lease to sign and a lead paint disclosure. She replied " you mean my peeling paint has lead in it". I said that I have no knowledge of it does or not I am ...
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Hello Everyone, I have just placed an offer on a 12 unit (3 fourplexes). Can you please give me your thoughts on the deal. The numbers seem to be good to me. Any advice would be appreciated.Offer price $800KOwner ...
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Hello and good Sunday to all of you:I was not sure where to post this so if it's in the wrong section please let me know.I am going to be having a contractor remodel my rental for the kitchen and bath and do some floo...
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Hey everyone,Really excited to learn from the collective wisdom of the bigger pockets forum.One of the maxims that I hear On BP is that you should expect about a 10% batting average (on average). That is to say you sh...
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For those who invest in self storage facilities, is there a general CAP rate range that you look for? This is a very small self storage facility, 22 units, and pretty old, block construction from 1965, not maintained...
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In a previous posts, we described the site selection and project programming (design underwriting) process in a real estate development project. The next step in to check the zoning and see what you can build at that ...
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Hi BP! This is my first post- I just jumped into the real estate world a couple of months ago and have been having a blast so far! Recently though, I can't help but feeling like I am hitting a brick wall. Grand Rapids...
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Hey BP! I'm crazy excited to get into my 2nd rental duplex at the end of this month, which will also be my first house hack for my wife and I! The first duplex I purchased came with tenants (who've been great) and h...