I currently live in Austin but really want to turn my current property into a rental and move into my next primary residency. The challenge is that I am hearing homes are selling for $50-100k over asking. Considering ...
I have a non smoking property and prospective tenant states they only smoke outside. Curious how others handle this. I was thinking about adding to the lease that they forfeit SD and will need to pay for any smoke r...
Hi! I'm a buy-and-hold investor currently trying to expand into multifamily and focus more on cash flow. One of my hesitations is that multifamily homes are typically older and come with a lot more maintenance. I've s...
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Hello, currently renovating the rental unit above my apartment. I don’t want to carpet because of installation costs and maintenance costs but i hear that it combined with good quality padding will help reduce soun...
So many calculators I've seen ignore equity build up. Why is that? Is it because that equity is locked in the property and not available to you? I just think it's crazy to ignore the fact that somebody else's money is...
Hello, new to the site but I saw a similar post from a couple years ago and thought what he got was an amazing deal, knowing what I know now about the area. https://www.biggerpockets.com/...Anyway, to my case - This i...
I have an 18 unit multi-family property that has rents that are roughly two to three times higher than the neighborhood comps. My 300 sq ft studios rent for $600 and the property across the street gets $700 for 1000 s...
Hello BP professionals,I am self-managing this property and I must leave the country tomorrow for 3 weeks. This type of issue arises the day before my departure. I used this company called "Quality Refinishing" in San...
Quick question. If I purchase a property with some cash back at closing, do I pay the higher price and then the seller gives me a check for the cash or do we take that out of the price at closing?
Example. ...