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Lately, I've been torn between investing in multifamily or single-family properties. I see value in both, but I'm unsure which is the better option. Currently, I own one single-family home and one fourplex. The single...
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Hi All,We have a tenant with an 18 month lease expiring in June. We have had a $50/month pet fee in place for her dog since day one. Tenant has expressed numerous times that she doesn't agree with the pet fee but ha...
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Hey BiggerPockets! I am looking for advice on getting rid of PMI early. I have a property that I purchased with a 3% down conventional loan. It was owner occupied for a little over a year. I have moved out of the prop...
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Hi all,
I'm new and found the bigger pockets after reading "How to Invest in real estate" book from Brandon and Josh. Very good book, thank you both for writing it!
I started long ago with no education in real esta...
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How often you will raise rent for you tenant and how much?If you have a good tenant will you raise his rent if the market rent went up?Will you raise his rent to market rent or keep it below market rent to incentive h...
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I've been reading a lot on housing wire, nasdaq, market watch, and mortgage orb, and it seems a big discussion occurring is whether or not nonbank servicers should have more regulations.Here is what I learnednonbank s...
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Greetings BP'ers,Can you name some of the most cost effective strategies you employ to ensure forced appreciation on your properties? Thank you for your time!
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We are currently evaluating our first apartment complex deal. Cap rate looks good but what is an acceptable cash flow per door for a small apartment complex? Say 10 to 20 unit? Thanks, Dustin
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The monthly rent is about $600 per unit, with potential to increase to $650 in the next year.Each unit is $54,900, but I plan on buying 2 units for a total of $109,800. Thus the monthly rent would be $1,200 with the ...
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When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...