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I'm thinking about getting two 4plex or one 8unit, and want to discuss the pros and cons for each. Let's assume that the total ROI is the same. Two 4plex pros is the diverse location, risk is lower (if one location is...
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How often do septic tanks back up to where the owner is forced to do something about it, say with sewage backing up in to the yard or the basement?I realize the answer is “it depends” but here is more information. The...
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Hello everyone,Thank you to those have purchased BiggerPocket's recently launched landlord forms! We are currently working with lawyers from every state to create state-specific forms for all 50 states + Washington D....
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Are mobile homes and manufactured homes a good idea to buy and rent out to others? They seem like a fairly cheap way to start? Or am i wronWhere is a good starting point ?what potential dangers i may run into while ...
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Given that we are at the high end of the real estate cycle in most MSA's, has your criteria for multifamily investing in renter or landlord friendlier states changed?
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Hello I’m looking to buy a condo. There is this one bedroom condo for sale that’s about $100k. I want to buy it because it’s in a prime location and I’m sure will be easy to rent out. I was looking to take a FHA loan ...
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So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
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Hello everyone. First time poster here, eager beaver newbie. Has anyone on here bought foreclosed coop units for cash flow ? I don’t have any cash but I foresee that it could be profitable at the right price. I am rai...
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Hello. I am currently searching for my first investment property in Charlottesville, Virginia. I chose this area because I am very familiar with it and the rental market is good due to UVA/UVA hospital. I also have a ...
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Hey fellow pocketers! So I finally have a home and I got my first bite on a tenant. She seems like a nice woman from speaking with her, good income pretty bad credit but it's typical for the area. Being extra cautious...