Suhaib Rehman
Understanding Cap rate
Fellows, I am finding the cap rate difficult to grasp especially how it is used in the deals. What I am not clear about it whether cap rate determines the property value of property value determines the cap rateCap r...
Alex Stone
Buying a townhouse with a foundation repair
I am looking at purchasing a 3 story townhome in Irving, TX, which is known to have shifting and expansive soil. The home was built in 2006 and is in great shape. However, there were 11 exterior concrete piers and 8 i...
Tavis Stice
Setting house rules when you have roommates
Needing a little guidance. I partnered with my son to purchase a house hack for my son while he attends college. We found a good house with 5 bedrooms about 10 minutes away from his university. Financially, it’s wor...
Matthew Newcomer
Existing Leases in an Apartment Building
Hey BP community. I'm doing my due diligence on a 9-unit building in Baltimore, MD and one of the items we asked for from the listing agent is the current leases for the tenants living in the building today. He repl...
Fred Shandler
First REIA Experience: A big two thumbs down
After two months of religiously studying this board and reading numerous books, last night I finally attended my first REIA. I felt extremely prepared as I had a sold foundation of knowledge (much to the thanks of ma...
Tom C
Finally done
For those of you who don't know. I purchased a HUD SFR for 23K on 06/01. It had been vacant for 2 years and was a mess. I estimated the rehab to cost around 3K and completion done in one month. Well after failing Sec ...
Michael Maloney
Newbie Wholesaling Question
Hey everyone. I've been on BP for a short time so far but I'm loving it. I have been reading and getting as much information as I can everyday and it has been going very well so far. Today I read this article:
http:/...
Mel Nutter
Tenants Not Watering Lawn ~ What can I do?
I have a single family home in San Diego. I have a property manager managing the place.I recently went by the property and noticed the lawn is dead. I seriously doubt the tenant is watering the lawn or the plants. ...
Gary Marcotte
Getting rid of pet odor (urine)
I have a HUD home under contract and when I did my initial walk-thru there was a heavy pet odor in the house. Not just musty dog smell but a stronger one, like urine. Not sure if it is dog or cat or both. I believe...
Chris Clothier
Turnkey Rentals and the Dot-com Craze! Is there correlation?
I want to hear from some of the other Turnkey posters on Biggerpockets and anyone else who likes to chime in on the topic. This is an article I wrote today on the BP blog:
Contrasting Turnkey Real Estate Inv...