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I'm relatively new to landlording and I don't know much about how to screen tenants the right way. I have two houses rented at the moment. One is a recent purchase and we inherited the tenants who are wonderful. The o...
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Why would anyone want to purchase a rent-controlled Santa Monica apt building? Consider this deal…10 unit building, built ~ 1950, class C, in a prime Santa Monica location !Under rent control !Huge upside in rents (as...
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I am looking at a property that is about 7 acres. It currently has a house, 5 1br 1bath cabins and a mobile home on it. We think we could easily fit 10-15 trailers on the property (maybe 20) with out tearing down an...
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I'm a newbie to the multifamily business. Currently have a 8-unit under contract, with closing in a month. I wanted your guidance/advice on the best way to structure the purchase such that I can protect my assets an...
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Hi BiggerPockets' Friends,My wife and I are moving from Florida to Minneapolis for my seminary graduate studies (4+ years). Our hope was to house-hack with a duplex, or perhaps triplex, to help offset my lack of full ...
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Hi bp family ☺ my name is April Littleton and I'm 26 years old. I graduated college from Purdue university back in 2011 and have been doing the nomad thing ever since traveling around the Midwest and taking odd-end jo...
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My main goal of 2024 is to purchase my first investment property (2-4 unit). Currently I own a home which I purchased at the end of 2020 with a conventional loan, 2.62% interest rate and 20% down. I have about $30k in...
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I know the definition of "REI" can be very broad. But, in a very general sense I have been having the realization that even in some of the best REI scenarios 10%-15% return on your money is pretty good (this of course...
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I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
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Hello!I recently acquired my first rental property in a nice Milwaukee suburb. It is a 4-BR SFR that I think I can rent for $1400-$1500/month. Rehab is almost complete and I'll be listing soon, so I'm cramming on my t...