Michael Jackman
Save for a emergency fund or invest?
I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...
Mark S.
To Live Off Rental Income, Some Advice Needed
About two years ago, I sold a business that I created to a large corporation. With those funds - I purchased (in full with cash), numerous investment properties.I focus on nice-sized condos or townhouses in high deman...
Mark Forest
Denominator of cap rate
I know that the numerator of cap rate is the net operating income. However, I seem to see confusion on what is included on the denominator. Is it the entire purchase price of the property including any amount financ...
Parker T.
Insure Rental at Replacement Cost
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
Paul Winka
To-do list for electrician to update 1966 house 60-amp panel!
In a rental rehab I am doing, I just want a vector check with what I intend to do so I don’t have to have the electrician out more than once. I need criticisms and suggestions because this is my first go at it. Also, ...
Emily K.
Novel Idea: DOUBLE DECKER BUS into a Profitable Airbnb
Hello everyone! This is a unique, yet functional idea I have not seen yet and I want to hear your thoughts. As the STR market is changing, it is important to stand out. I was chatting about some ideas with my family m...
Allen Clark
New Investor, buy and hold in Seattle
In the past seven months I have bought my first two investment properties in the City of Seattle and have brought them online. Property #1 is an 8 year old 2BR 1.5 bath 1,100 sq ft half duplex bought for $350k and ren...
Bala Krishnan
Commercial Loan Terms Discussion
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
Thomas D.
New member from NJ looking to break into multifamily
Hello BiggerPockets! My name is Tom DiMeo and I'm a 23 year old aspiring investor from New Jersey. I'm fresh out of school and working in finance/risk management. I have a solid understanding of investing in a broad s...
Matthew Hammond
Insurance for Residential Portfolios
Hey all,
I was just curious what companies and insurance policies people are using for those who have more than 4 SFR or 1-4 unit residential rental properties. Currently I have 8 rentals ranging from single families ...