I have found 5 multi family properties in the same complex, if I were to bundle the units and purchase them at asking price(not likely to happen) it would cost $450,000. The net profit yearly would be in the 110-130K ...
Hello,
I am not sure if this is the right forum for this, but it seemed like the most logical one.
As I run numbers to see if a property is a 'good investment', I often find myself wondering 'what co...
My wife has a house in Tacoma Washington. She is managing the property herself 1st time. My wife wants to check the expiration date of the smog and CO detector. The tenant will not allow her to do to the house to chec...
Hello BiggerPockets community,I am analyzing my first small apartment complex. Here is a quick description:6 Plex located in Gainesville, Florida, C/B on bottom, behind Oaksmall, convenient to UF, malls, and shopping...
Hi BP I was speaking to a local Real Estate Lawyer who advised me not to give a lease. He says it doesn't do the landlord any good. He said that he gives the best rental price which is the lowest and tells the tenant ...
I'm studying the first application for my dad's house. It is a guy and gal that have been living separately and want to move in together. I met him at the viewing, but have not met her. I pulled credit reports on b...
Hi All, I recently heard about a site called Fundrise. It looks to be a site where you give them money and they create a share in a real estate portfolio for you. Has anyone used anything like this before? Can this be...
Hey BP,I have been reading and soaking up as much information from BP in the past couple years as possible. I have still yet to make my first investment, however I am now in a position where I feel comfortable enough ...
So I have spoken with a friend that manages an apartment complex minutes from mine but is a little nicer. Her rates for rent are in the 1300s on up. I have my rent average at 875 not counting the section 8 tenant I ha...
My first rental is a B class SFR, Rent 1500/month. I put all new finishes and it LOOKED really nice. I went to do my first rental inspection after 5-6 months( while doing a walk through with an appraisal company to BR...