Amber Gonion
New investors in a tight market
Hello all,Currently our market inventory is low and sometimes overpriced in the 2-10 unit (value add and under market rents excluded) and new investors often do not have a ton of cash to invest. I want to show exampl...
Daniel Stegelman
What would you think I could sell my 8 unit apt. complex for in Muncie, IN
The apt. complex has unit has six 2 bed 1 baths and two 1 bed 1 baths. Total monthly revenue 5700/month for all units rented as LTRs. 25% percentile rent on Rent-o-meter. I just like getting my units rented ASAP. I h...
Dave Versch
50% Rule clarification?
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Ken D.
Tools can only do so much...
I'm branching out into commercial real estate and running into a road block: running the numbers. Sure there are great tools available like the ones here on BP, but with any analytical tool:garbage in = garbage out.Mo...
Lynzie Mackey
Hurricane Ian Damaged my Vacation Rental! Need experienced help!
On September 28th, my vacation rental, which was set to bring in over 100k this year was flooded with 7.5 feet of water. It's currently gutted and we are just waiting, waiting, waiting on insurance. There's this FEM...
Wesley Sherow
Self-Managing as an Owner; A Secret Agent's Advice
Bigger Pockets Community,I wanted to share a bit of advice I got a while back that's common knowledge for some, but a good tip for others just starting out. When you purchase your first investment properties and you d...
Scott Falvey
New Investor in the Baltimore/Columbia area - should I purchase as individual or LLC?
Hi ALL!I've always been interested in real estate but never thought it was something that I could build wealth with. My wife and I were always on the wrong side of the deal so we shied away from it. Recently I decided...
Debbie Lu
Non-occupied Unit issues with the HOA
Hi everyone,I've been dealing with the HOA at my unit in the Bay Area for a few months new and I'm struggling with figuring out what to do. I purchased a condo in 2010 with the intentions of it being an investment pr...
Tyson Hosey
All Cash Purchase: Title Company, Real Estate Attorney or Both?
Hello all. I've got a lead on a property that I can pay all cash for, but the only experience I have is with a loan and realtor. So when I go to pay for the property, do I need to get a real estate attorney involved o...
Ty Gordon
Should I get my real estate license?
Is there any reason not to? I drive a lot for work and figure just to be able to get into key lock boxes (after checking with listing agent of course) it would be nice along with the access to mls.