Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
I am looking at getting a duplex within the next year. To be honest I know little about screening and what’ comes with having and finding a good tenant. I am a plumber and can handle most of the handyman work on the p...
Hello all,New to the BP community and would love perspective on a situation I’m going through currently. Just got engaged and will most likely be getting married in about a year. I’m here in Dallas Fort Worth and have...
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
Hello Bigger Pockets!My wife and I acquired a 6 unit apartment building in July of this year. Three of the units were empty when we purchased it. One of the three units was fully renovated and we rented it immediately...
For those of you familiar with the real estate market in the Detroit, Michigan, Northwest Indiana, Columbus, Ohio, and other areas, you know that this is prime opportunity to build a real estate portfolio.
Why? Let ...
I may have bit off more than I could chew? I'm in the process of buying two properties at the same time. I though I could consider flipping a single family 3b/1b@ $35,000 in a good neighborhood with good comps . ...
I’m a new investor deciding on markets to invest in.
2% rule usually is great but the concern from guys like David Greene and others is that the better cash flow and the lower the entry price, the more “headaches” y...