Lamart Gomillion
RE: Deal Analysis - 3 Unit - Cash Offer ROC NY
Hello BP,
I am in contract now to purchase my first property in Rochester NY. All initial paperwork has been completed. I am just a little nervous as I am just starting out and the first deal seems like it is...
Neil S.
managing 40-60 units out of state
How difficult is it to manage 40-60 units as an out of state investor? I want to be hands off as possible, can a property manager handle all the headaches full-time. Is this enough units to have a live in super? ...
Caleb Webster
Advice on how not to lose your shirt with owner-paid utilities
For rentals where the landlord pays all utilities, what strategies do you guys use to incentivize lower utility usage from your tenants and reduce your overall utility bill? I've heard of thermostats that you can rest...
Liz Rogers
Ductless HVAC/Zone Systems
Hey guys!For those of you that are flipping and/or fixing up and holding.. We are renovating a house to rent out. The HVAC estimate we received was more than we were expecting because there is no crawl space/cellar a...
Dimitri Savidis
How do you best set yourself up for scaling up?
Hi all,Two questions here:1) What are some of the financial efficiencies you achieve when you get to scale in rental properties (e.g., property management savings)? Other synergies / efficiencies that help your bottom...
Chris Lawlor
What about College Town Investing - Gainesville FL
Hi Folks,
I am interested to hear from anyone that is investing in college towns in general, but preferably, specifically Gainesville Florida. How easy in general is it to rent properties? Do you rent on a 9 month o...
Tim Jett
Window A/C added Electric Cost
I just purchased my first 4 unit apartment complex in Central NY and with summer approaching I have tenants starting to ask about being able to use window A/C units. My lease states no window A/C units without writte...
Ian Hutton
First property Rent increase
Hey everyone! My dad and I are going in on our first deal, but need to play with some numbers to make it work. (In Lansing Michigan btw) This Triplex’s utilities are currently paid for by the owner (approx. $500/month...
Mindy Jensen
BP Money: Eliminating Over $30,000 in Debt w. Rosemarie Groner
The latest episode of The BiggerPockets Money Podcast is now live! Today, we chat with Rosemarie Groner from The Busy Budgeter. Rosemarie Groner was a state trooper—a good, recession-proof position. But chronic disorg...
Scott Passman
Modular Homes: Evolution of Housing?
The concept of modular homes is fascinating. The production efficiency is much greater than traditional home building due to the ability to manufacture rooms/homes indoor, mass replication of standard designs, high d...