Douglas Larson
77K return . . . but I wouldn't do it again!
Older home with great bones built in 1942 - needed full remodel.Purchase price: 235k - short saleProjected costs and time: 45k and 3-4 months.Actual renovation & carry costs $86k and 8 months of work.Commissions/c...
Todd Crippen
Turnkey Real Estate Educational Forum Q&A
One of the most rewarding aspects of my job is speaking with investors about how to generate rental income from a tangible asset without requiring active involvement.A lot of people are familiar with the turnkey proce...
Samuel Eddinger
Can Good Property Manager's Pay for Themselves?
I have a property management company which I am trying to grow. I started out 6 years ago as a real estate investor so I understand the philosophy of minimizing all costs to maximize your ROI. The question though is...
Donald MacMillan
First Deal! Now how do I raise the rents?
Hey there Bigger Pockets community. I am in the final stages of closing on my first deal. It is two duplexes on one lot. The lot can be subdivided, which is my plan to add value to the properties as they could then be...
Joyce C.
Inherited property to rental?
I have the opportunity to buy my siblings out of 2 inherited properties, one of which is my home growing up and the other has been a rental for over 50 years. Both are in a great location. How do I go about obtaining ...
Colleen F.
Request to lower the rent.
Just had to share - the request went something like this --we have kept our dog in the yard and paid our rent on time, we want to stay another year or two then buy a house so we want to go month to month, and can yo...
Nick Littleton
Hold strong or Drop Price? Marketing strategy questions
I know it's December/January which is not an ideal time to neither sell or rent. Private landlords in the neighborhood that we invested in are renting their SFH at $2950, but they listed them in August/September. We...
Andreas Mueller
Will massive apartment unit growth affect single family home rentals?
Welcome BP compatriots! Another installment of my weekly brief, hopefully insightful, dive into real estate and financial markets, for all the kick ass dudes and dudettes out there.
Today We’re Talkin:
- The Weekly...
Jason Merchey
Cap Rate Compression Big Time??
I received an investor summary from a very reputable, perhaps "slightly conservative" operator in the MF space. In this offering, the "average annual return" is 10%. They don't calc IRRs, but frankly, with a 1.7x equi...
Arshad Khan
First rental property in Minneapolis area- need help
I am a newbie. I am looking forward to purchase my first rental property.
I want to do all cash for my first buy. I am looking at Richfield and Bloomington area. Is there anyone who can guide me in this process. Are ...