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Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
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I recently had carpet cleaned in a house. The carpet cleaner noticed that all of my plumbing ball valves had yellow handles. He told me that he used to be a plumber and I should stay away from any plumbing valve with ...
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Greetings BP community- thanks for everyone's contributions. I've learned so much here, I've just closed my *SECOND* deal and am preparing to rent it out!Here's my question. I have a handyman making several minor impr...
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Hello BiggerPockets, We are looking for some advice. We have two properties. One of them has a mortgage and our intention is to rent/Airbnb this property. The other one is free and clear (no mortgage or other liens on...
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Hello All,Within a year or so I anticipate a move to Austin, TX. Ideally I would like to househack a 4-family building with FHA financing. A few questions for all y'all already operating in the market:1) which areas w...
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A few years ago we started buying MHPs strategically so we could manage them without having to hire someone local. The image below is what I like to call "The Loop", it is a loop that allows me to hit 5-6 communities ...
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I am new and have been researching real estate investing and am very excited about starting. My question is: Can you put together a successful real estate business in a rural Montana area and what are best strategies?...
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Hi BP,I am a military member looking to get started in real estate and I was hoping to get some insight on multifamily properties. I am interested in learning more about this area of real estate in any capacity, and w...
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Hi everyone,
I have a question about how much in excess of the interest is paid in each payment of a fixed rate loan. Suppose you have a 100k loan at 6%. An example from investopedia shows a schedule of
Payment
0...
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Hi All, I have recently put in a couple offers on a 5 unit multi-family in my local market (Metro Detroit) and I believe the agent is not discussing my offers with the seller. Long story short - to get to the number t...