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Results (1911)
Michael Swan Duplexes, Triplexes, and Quads are NOT Multifamily!!
2 May 2018 | 90 replies

Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps.  You are at the mercy of comps when you buy, sell, or refinance the...

THU NGUYEN Using Money to Buy/Rent Out or Lend out as Private Lender
28 September 2016 | 24 replies

Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent...

Cody Gebhart $15/Hour Illinois minimum wage
23 February 2019 | 55 replies

Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...

Scott Trench Why Would Someone that Is Financially Savvy NOT House-Hack?
9 February 2017 | 56 replies

I'm curious. I have written extensively about how I "House-Hack" and live in one part of a duplex and have tenants rent out the other portion of that. They pay down the mortgage and allow me to live for free.For every...

Brandon Turner One of my units got destroyed last night in a flood. What do I do now?
8 January 2015 | 75 replies

yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...

Tanveer Ahmed CRASH!!! CRASH!!!! CRASH!!!
2 July 2022 | 37 replies

Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...

Terry Dunlap Would You Buy for Cashflow Only?
2 August 2019 | 101 replies

The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park. Most major blue-collar jobs have left leaving a primarily services-based economy around Cedar Point ...

Account Closed $1 Million In Rentals - How Much in Reserve?
29 January 2020 | 98 replies

Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...

Lane Register Central Florida Newbie V2.0
8 August 2018 | 30 replies

Hi Bigger Pockets! I got my feet wet on the forums here a few years back, but realized I had some big hurdles to overcome (i.e. get my financial house in order) before I could "get started". Now, I'm ready to dive in....