I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Hello all,I am hoping to get some opinions on optimal wealth management for my long and short term goals.Background: Currently 18yo in college. I have about 14k in savings, 5.5k in a Roth IRA (Which I will max out yea...
Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
Looking for some serious guidance. I have never considered real estate investing until a family member got into real estate. I have the real estate BUG now !!! I am not starting from scratch but can't help but wonder ...
Hello there BP!!!
This would be my second post and I have been learning REI for about 7 months now, and I am prepared to launch a decent marketing campaign. With that being said I have recently talked to a Valpak r...
So I am super excited! Someone didn't hang up the phone and actually IS interested in selling (the first time this has happened so far). the only thing is the home is a mobile home located in a senior community. Am I ...
Hey all,
My name is Brian and I'm beyond excited to start my journey with the BiggerPockets community! My interest for real estate has grown immensely these past few months. The BiggerPockets podcast and books have ...
I’ve come across a few MHCs with a good number of POHs in them. The problem comes that the seller is CAPing the POH rent which can be pretty substantial. Example Property:Physical Occupancy: 60%Economic Occupancy: 100...
I am thinking of using the BRRRR to start quickly acquiring some smaller multi-family properties and it got me thinking.How large can you actually go with a BRRRR? What's the largest property, by units, someone has ap...
Hello, Is there like a rule of thumb on what percentage of the home price should be the most an investor pays for renovating a rental property and what the highest percentage you pay for renovation a home using brrrr ...