Summer Chen
MTR starter seeking advice
Hi All,
I'm freshly starting my MTR and will mainly focus on leads from FF. I have quite some questions that need your help:
For tenant screening, I plan to do the routine background (eviction, criminal) screening...
Ben Kirchner
1 Million in equity over 20 Single Family Homes - Then what?
Full disclosure, this is not my current situation, but in the 10 year plan, and I'm actively taking steps toward it.So my wife and I have been basically setting aside much of our savings, and acquiring a couple single...
Chad Jarrah
Improving my business
Hello Bigger Pockets community, hope everyone had a good holiday. Had some questions on my mind for a while but wasn't sure who to ask so figured I'd pose this to the community. I've been investing in real estate for...
Jodi Baron
Introduction letter and Increase in rent
Hello! We just closed on our first 4plex. We would like to write an introduction letter. We also need to give notice of increased rent. Can you share your ideas or steps?
Winter Heintz
What's Your WORST Tenant Experience? How Did You Deal With Them?
Happy Friday! As I go through screening potential renters for my unit, I'm intrigued by all the horror stories I hear. My previous tenants were great, always paid on time and took care of the property. They were less ...
Mel Saffold
Vacation rentals
Hey guy,
I'm looking to see how everyone feels about investing in the hot vacation rental locations. I found a nice prospect in myrtle beach SC. Property costs $150,000. I see similar properties being rented at 1200-...
Allen Thomas
Refinish Hardwood Floors in C Class Neighborhood???
Hey guys, I could seriously use some help with this one. I am currently rehabbing a brick house in a blue collar, low income (but definitely not warzone) neighborhood, and today I found out that there is hardwood und...
James Wheelock
88 unit value-add Deal question
Okay so my fiancé and I tackled our first deal which was a four unit that cash flows great for us now. Since then we watched @BrandonTurner talk about approaching complex owners on one of the webinars. So I decided to...
Account Closed
Generate More Monthly Cash Flow???
At this point my wife and I are just throwing ideas out there, and then researching them down their respective rabbit holes. We're trying to think of ways we can generate more monthly cash by offering "services" to ou...
Account Closed
Is 5.8% Cap rate ok in Class B area?
Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...