YiBing T.
Can I get outbid while under contract? Options?
Hello BP Community, I'd like to get your opinion on a situation. I found a property that was marketed for sale while I was on a home inspection of another property just a few doors down the street. I contacted the sel...
Account Closed
Which indicator is better? Cash-on-Cash or IRR?
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
Nathan Gesner
Half of LA Short-Term Rentals Breaking the Law?
https://laist.com/news/housing...
According to this article, a recent study showed nearly half of the LA short-term rentals were in violation of the law. LA collected $40,000 in fines last year, but could have collec...
Jay Orlauski
Devaluation, Silver, and Real Estate
so theres been a lot of talk about the devaluating dollar , china pulling out of the us bond market and a whole array of fear inducing headlines slipped in just below justin beiber and bristal palin updates.
There ...
Phil C.
Access to Capital - What to do next
Currently me and a partner own and manage 12 units. We are looking to add more units and grow but are not sure exactly the best way to do this. I know we have access to capital using debt financing (~$100k or more @...
Account Closed
Utility company won't turn on gas. Heating alternatives for the winter? (New York)
I bought a short sale rental house in New York a little over a month ago that had to be renovated. The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...
David Zheng
Craziest Thing You've Ever Found in a Property
I'm about to go into a hoarder/mismanaged potential apartment building and am prepping for the worst, so it got me thinking. whats the most disgusting/craziest/expensive thing you've ever found in a prospective or ren...
Pam Grim
Messed Up...need some advice
You guys gave me some excellent advice on a problem tenant that I acted on and am way better off for it. I wanted to get your advice on what my direction should be going now.
My situation is this.
My husband and I b...
James L.
Killeen/fort hood Detroit of Texas?
So my agent sent me some listings for Killeen, you can get some cheap multifamily units there. Is it a bad idea? Are there better areas? Any insight would be helpful
Carl LaPiedra
Advice for starting out
Hi everyone,I am new here on Bigger Pockets. A friend introduced me to the website/podcasts a couple of months ago and I've been hooked since. I listen to the podcasts almost everyday to and from work. I just complete...