Brook Rieman
Inheriting a "sexually violent predator against children" tenant
We had our offer accepted on our first rental property and after looking up the current tenants, we've got a convicted, registered sexually violent predator against children in this triplex. Repeat offender. Anyone de...
Avery Carl
Airbnb to Contribute $250M to Hosts Affected by COVID 19
Wanted to share this with you guys as Airbnb is finally giving the hosts a break on the extenuating circumstances policy enacted this month in relation to COVID 19. In a nutshell, they are giving hosts 25% of what we ...
Diandra Duncan
Waiving home inspection? 24 hours to respond
Hey bigger pockets fam,
I have a dilemma that I really need an opinion on. I’m looking to purchase my first SFH in Queens, Ny with a plan to house hack. I found one that basically checked most of my boxes for 750k; ...
Jonathan Twombly
Why we don't invest in New York, even though we're based here
People frequently ask me why I don't invest in deals in New York, even though we're based here. The reason is simple: it's too hard to make money for your investors in New York. That's a huge reason why we invest i...
Matt Hangsleben
401K: Continue Contributions or Stop?
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
Aaron Washington
Game rooms/arcadea return for STR
As some of you know, my wife and I are in the process of purchasing a vacation home in the Davenport area. We are planning to rent it out as an STR when we are not there. While looking at other STRs around the area we...
Chana O'Leary
Money To Complete Rehab on a Home with No Mortgage
Hi all,I bought a foreclosure for cash ($28,000) and have put $50,000.00 cash into it. The heavy, big work has been done and now it's the final touches. Flooring, and kitchen/bath furniture - and I'm done! Two brokers...
David Kuhlke
What's a good cap rate for an 11 unit apartment in the Midwest?
Hello BP,I'm looking at a deal, and I need help determining what qualifies as a "good" cap rate for small apartments in the Midwest.Here are the details:11 unit apartmentAsking price: $1.4 millionMonthly rent total: $...
James H.
Do you ever just worry a little bit?
Last night, I worried about my rental and soon to be rental as I was going to sleep. They are older houses. Both are in good condition, but both still have original plumbing and electric. No ground wire, galvanized fr...
Lei Li
CA resident trying to decide on rental property investment location
Hi BP experts, I’m a busy professional in the Bay Area, trying to get into property investment. I don’t have time for all the house flipping or maintenance, so most likely just want to get a rental property to provide...