I’ve got a dilemma and could use some suggestions. I am closing on a 4 unit at the end of August which is fully occupied on MTM leases. However with my financing I have to live in one of the units (house hack), so I w...
Question: Is there a need for investors or realtors to have a "price opinion" or "market value assessment" done by a person based on appraisal methods at a discounted rate? Not a formal appraisal, but an identical p...
We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...
GoodayI have 2 questions really, the first one is this: How much of a return can I expect after converting lighting to "all LED" and marketing it as such? And really, many other electrical system upgrades have been in...
I have a 4 plex that is fully occupied and is averaging around $350 a month for sewer/water/trash. The sewer fee is about 1/3 of the overall bill. I am being told by a nearby landlord with identical buildings that the...
Greetings,I am looking for how Section calculates how much rent they are willing to pay. I know it is has to do with fair market rent, but there is a a lot of wiggle room in that because they have a checklist of amen...
Last week's STR Wealth Conference in Nashville was an absolute blast, folks! We had an awesome lineup of industry leaders like Daymond John, Pace Morby, Michael Sjogren, Bill Faeth, Shawn Meaike, and more sharing thei...
Can someone please explain this is laymen's terms? This is on an MLS listing for a duplex. The price is 96,000. Thanks,Terry
Hello BiggerPockets members ! would love to hear your experience on similar scenarios. I'm preparing an offer on a multifamily and I am expecting a big jump in taxes and want to factor this in my numbers. This is in T...
I've been doing this for a few years now and feel like I know what I am doing, but I also know it's good to get feedback from other investors to keep myself in check. I guess I'm looking for validation that I am on th...