J. Mitchell Bernier
Lumber Prices Down almost 50% YTD
Lumber prices on the Chicago Mercantile Exchange(CME) is down almost 50% YTD and down over 9% Year over year. This is another indication that housing/demand is slowing and could slow even further. Not to mention that ...
Brian Long
Does Property Management get Paid when tenants aren't paying
My partner and I manage our own properties. We work together on acquisitions, etc. I manage the rehab, contractors, and collect property management for dealing with all things with tenants. We have 8 doors with our ...
Orlando Lis
Buying a 145 units apartments in central Florida
Hello,
so we just got under contract to purchase a 145 apt from a nonprofit organization, the rent is currently literally 60% of the market rate, our biggest concerns are how to make sure there is NO rent increase l...
John Bradley
Trying to create my first investment strategy
Hello Biggerpockets community, I am a new investor from southeast PA looking to get started on my first property. I have been browsing on here and saving for the past few years.I have accumulated some cash that I a...
Nick Gagel
Amending rent due from 12th to 1st of month in middle of contract
I currently have my rent due on the 12th of each month. Mortgage is due on the first. I now know it is better to have that date be the 1st of each month. 2- What is the best way to go about doing this without losing o...
Dan Dahlke
What to look for in a PM
Leaving for a deployment in July and looking to hire a property manager. What should I be looking for when searching for one? Typical fee seems about 8%, but what should I expect that 8% to cover on their end? This i...
Mick Murray
Mid-life, starting from 0, setting good goals
So grateful for this site and community... this information is already starting to change our lives by giving us a new mindset and optimism as we look to build wealth. I'm about to turn 40, wife, 4 kids. We have wor...
Nina Zou
Tenant paid late 3 months in a row
Tenants moved in in Apr with low credit score and not very sufficient income. I rented to them because his mom co signed and lived just couple of doors away in the same community ( What a lesson! I should never rent t...
Juan M Restrepo
Is this consider a room ?
Hello guys, Newbie investor here. I have a house that rents around $1500 a mount as a 3 bedroom 2 bathroom house. The house actually has another room that is not shown on realtor.com or any Real State website. Is an a...
Rodney Hulsey
Use available cash or 401k loan or sd401k to buy RE
My wife and I are considering an investment in a small apartment complex and we're debating whether we should use existing available cash, take out loans on our 401ks, or convert 401ks into sd401ks. Any opinions or a...