Possibility of higher repair costs: i.e. an overflowing bathtub on a high floor may require repairs to several unitsHigher turnover rate - turnover is costly because property must be cleaned and repaired, plus the l...
Becoming a Landlord is Not for the Faint of Heart - Buying the right rental properties is a challenge in itself, but the act of being a landlord is by far the hardest part. However, owning rental properties can be the...
Long distance investments allows you to invest where the market makes the most sense for cashflow; not just your local market. You can live and work in California and invest in Ohio where your money goes a lot further...
I have some rental properties and I was wonder about the pros and cons of refinancing.
I am sure this question is asked all the time. Plenty of real estate offices in my area are looking for real estate agents and offer training while I take course and go after My real estate license. My goals in Real e...
I have someone interested in an apartment that has low credit score (high 500s, I require 675) and verbally told me about a declared bankruptcy about 1-1.5yrs ago. She meets the income requirement and has been with th...
Has anyone ever bought there first property off of LoopNet? How was your experience? Is LoopNet something you recommend when starting out in search of your first wholesale, flip or buy and hold investment?
Hey all, Thinking of investing in a property in ZIP code 46226 around $80K. I am out of state and don't know much about Indy or the area. Current rent is $875 with a high cap rate ~7%. Any thoughts on the location...
Hi everyone. I'm looking for a little advice. I've spoken to a regional bank about a business line of credit. This is what they offered:Amount: $450,000Rate: Prime + .75% (floor of 5.25%)Term: 12 monthsAmortization...
Hey BiggerPockets community!My name is Matt and I am a soon-to-be graduate from the Marquette University commercial real estate program. I am super excited to graduate and begin my journey in this awesome industry! I...