Welcome to our Question of the Week! As we have now entered the holiday season and winter, I thought we would shift to discussing how to fill vacancies during this time of year. What are your suggestions that work or ...
I'm having a difficult time doing an analysis on this property I'm looking at purchasing. It's 2 duplexes on a single lot, 4 units total. All 4 are rented currently at surprisingly high rates considering the condition...
My wife and I have fixed up a foreclosure home to rent. Higher end finishes, at a moderate price, to attract the best renters. We posted to craigslist, at 9pm. By 4:30 am, we had 10 responses. OK, it's craigslist, so ...
BiggerPockets, I need help drafting an Owner Financing Proposal...never done it before.Details: I have the opportunity to purchase 3 Condos in a nice complex for $105,000 total from the same owner. They agreed to ow...
Looking to purchase my first home and was initially going to go the traditional fixed rate mortgage without buying down points with the assumption rates will go down in the next year or 2 and I will just refinance. I ...
Hey ladies and Gents, I've just paid off a car loan that had a 6 year term. The only thing is I paid it off 4 years early and apparently my credit score dropped from 715 to 712 on Credit Karma. I found out paying it o...
These questions will be helpful when your seeking a PM company. 1. How long have you been in business?Call references prior to hiring the company.2. Which property management services do you currently offer?Be sure th...
Zillow Credit Scores are not only wrong, they are totally random!! When you hit print on a Zillow Application Credit Score, you get a different result every single time. WTH!! Can someone explain this?I tested this s...
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
As a small Sponsor and Operator in Chicago,
Are Section 8 tenants the best way to mitigate vacancy loss for small multifamily properties (<4 units)?
I read the Bigger Pockets article on why Section 8 presents num...