Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Hey BP!So I'm finally getting my first rental property this week and I have a few random questions that I was hoping to get some help with. 1. Utilities - I'm not sure how the utilities work. There is some light remod...
Hello Everyone,Backstory:My wife and I up until recently have been buying and renovating homes and then selling after 2 years or so to avoide paying taxes on the gains. Well it looks like this last reno will be the l...
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
Hi all! I'm new to BP and new to this real estate investing world. My husband and I are under contract for our first intentional investment property (to which we will be moving and renting out the basement.) We own ou...
Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...
I'm interested in learning something about BiggerPockets' users, and thought that you all might be interested as well. How do investors come to own rental property? While I'm sure that many methods are used, what are ...
I started off as a Police Officer at 22yrs old. While doing that I purchased my first home at 23yrs old. I bought a double home. Here in Cleveland that consists of an apartment on the bottom and an apartment above th...