Almost everything I've heard on master-metered properties (Landlord pays electric) is negative. Typically, it's an older property with lower income tenants. The electric bill is the landlord's biggest expense. Sinc...
Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area. I had a home built by a local builder a few years ago and have been interested in getting into bei...
Hello Everyone, I just bought my first 2-flat in Chicago. However, I have a large unfinished basement I would like to convert to a 3rd unit. I am trying to get an estimated idea of the cost of this project. If anyone ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $427,900
Cash invested: $20,000
Sale price: $399,900
Helped an investor client find and buy his 1st inves...
Hi BP,Though this is my first post, I’ve been following the BiggerPockets podcast and blogs since I moved to DC 3 years ago — it has really been inspirational and life changing for me. The power of the voices on this...
I am looking for ideas on how you allocate different expenses between different properties. I am property managing my properties and currently have 31 of them, so I'm not getting a cash flow report from a property man...
Prior to renting out our unit we did time stamped photos & provided a move in checklist for our tenants. Upon move out time we provided a move out checklist. During our final walkthrough we noted they left the uni...
Dear BP Family, I know this isn't the most flashy of topics, but here is the situation I am in: My company recently purchased a 7-unit property in Portland, OR (Keyword alert: 'Portland' is being discussed on biggerpo...
I am an experienced Realtor but beginner in flipping ways and have a seller who wants to fix a condo he has owned a while to sell. It is vacant. He doesn't want to sell as-is (I've tried but he doesn't like the number...
If we could prove a MLS listing has positive cash flow already, would we be able to obtain a conventional loan with no money down or a smaller percentage down payment?