We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
I called the listing agent on a foreclosure listed at $35k. I told her I'd make an offer (not at $35k). Mine was significantly lower.She told me she'd e-mail me the documents to e-sign. She had everything filled out (...
I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
Hi im a new investor looking to get into the multifamily rental cashoflow game. Im wondering which parts of the state offer the best cashflow in relation to price, taxes, clients, etc.I live in New Britain and am a fi...
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
I have 500K to put into apartments that cash flow. If you were to pick 5 markets to put the money into where would it be and why?
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
Hey all!First time post but I have been following BP for quite some time. I'm facing this dilemma of whether or not I should hold on to my million dollar, unrealistically tiny town house. Here's the situation: Situat...
Welcome to the new Question of the Week! It looks like estimating rehab is a big hurdle, so let’s get talking!
Make sure to vote in our poll and mention your location and average in our post. If you can give ballpark...
Hello, I am considering putting an ADU behind my rental property in East Palo Also. Keeping the setbacks aside, I can build around 40*20 = 800 sf ADU. Keeping rentability in mind, I am trying to do a 2bed/1bath I have...