As Hurricane Milton lingers about ten miles off the coast of Pinellas County, it feels like déjà vu. We just got hit hard by Hurricane Helene, and now Milton is charging in. This morning, before Milton makes landfall,...
Hello,My apartment has been vacant last couple of months.The first vacant the electric utility bill came around $150 and I noticed that the central AC furnace was on so I turned it off immediately but to my shock the ...
I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...
Wife and I purchased a SFR in Phoenix a few months ago with the plan of making it a LTR. We thought we had our rental numbers right but after listing it for just over a month, we're looking to lower the amount again a...
Some questions for those with a few development projects under the belt and a good grasp of the "financial engineering".
Let's assume the following numbers for a multi-unit suburban residential project:
Newbuild sal...
Hello all! Just signed up yesterday...First post, first question:I'm a newbie, looking at a 1 BR condo I can get fairly cheap, and the rent payment would cover the mortgage payment right away, making it cash-flow posi...
Hello all,
This is my first post in BiggerPockets. I've done some reading and been really looking into getting started with a STR.
I recently was let down by the fact that I would not be able to withdraw early from ...
Hello, have my first opportunity to buy 6 properties from an investor.Bottom Line: 216k for 3350/month in rent. I posted the full analysis below and these numbers seem like they would work, my worry is this is a bigg...
Hi all, I know this topic has been around in many posts but I'm still not sure about a few points. I'm a CA resident investing out-of-state. I'm about to buy my first property in OH and plan to buy many more in OH and...
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...