Good Evening All-I have been scoping Bigger Pockets out for a little over a year (stumbled upon it while searching about real estate) and have been a little self-conscious about asking questions. No one wants to soun...
We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
In doing my research it seems that multifamily class C/D tends to have the best cap rate and cash on cash returns any way you look at it. From an investment standpoint it seems like a no brainer. However a lot of th...
I hear many investors express dissatisfaction with their property management company - or at least a level of satisfaction that varies quite a bit. With programs like www.rentredi.com (and others), it appears as thoug...
OK, so I may be a bit melodramatic! I am a single woman who is, ahem, past 55. I still work full time. However, I've never made a lot of money and when I review my Social Security statements -- YIKES! So, I am hop...
I'm closing on my 3rd property, a 1600 sq ft SFH built in 1975. The numbers originally looked great for the growing Charleston SC market, but my repair costs are quickly adding up. Since it is not earning much as a f...
What do you think about sending gift cards for the holidays to tenants?Last Christmas (2018) my buddy and I sent out dinner gift cards to the tenants. I also did this for my tenants for Christmas in (2019). The idea i...
I keep going back and forth on what I should do with my current residence. The situation is as follows:We have a 20 year loan on our primary, which is worth 535k. We got a 20 year note because we thought this would ...
I just wanted to post a few pictures of a property we just purchased with a tenant in the property. This tenant had been living here for 15 years and just moved yesterday (day before sheriff eviction). We did the set ...