I recently had the pleasure of helping my good friend and client Anwar purchase a house about 10 minutes away from Uptown Charlotte and 5 minutes away from Noda. He wanted to house-hack his house by renting the extra ...
What’s the biggest challenge you’ve faced during a fix-and-flip project, and how did you turn it around for a successful sale?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $596,000
Cash invested: $177,000
This property is a five-unit multifamily building situated on a 7,800 square...
Happy Friday BP!!!
I guess to put it quite simple you could say I need a mentor. Don't we all. Specifically I'm looking to have a conversation(s) with someone who can help me develop an actual plan instead of havin...
Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
Hi,
I have property with a PM....as part of the agreement any late fees go 100% to the property manager.......my tenant moved out without paying last month's rent and the property also had a bit of damage and repair ...
I work with my dad developing a few new houses for our portfolio each year. The pace has been picking up lately, and especially since we're considering another GC, we're realizing we need to be more organized about al...
I have a decent relationship with the owner of a 5-plex in a small town in Indiana. The 5-plex is fully occupied, and professionally managed, pulling in $657/unit. The owner is willing to sell it to me with seller fin...
How can a syndicator make real money on a 70/30 split? I’m doing the math and it seems to a lot of risk for not that much reward. I understand there are Acquistions fees, but if all the LP’s get their money before the...
Should I have a penalty if the property manager doesn't fill vacancies? If so, how would it work? Should I withhold the management fee if a unit stays vacant for 2 months, etc?