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Hi I had a very old guy contact me, he owns 18 units and they are free and clear but my problem with it is they are all Efficiencies, they are only 70% occupied with long term tenants because the rents are very low an...
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Many of the markets I am seeing at present are looking extremely strong for multifamily apartments. It is interesting to see that quite a few primary markets (Phoenix, Colorado, Charlotte, Indianapolis) are still seei...
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Hi everyone,I am 26 years old from California and I just bought my first 2 rental properties in Chicago. When I bought these 2 houses I inherited the tenants as well. One has been at one house for 6 years and one has ...
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I got a judgement about 3 months ago and contacted the debtor about 2 weeks after the judgement to start collecting. I emailed him yesterday and offered to set up payments or to reduce the debt by a certain percen...
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Hi Guys,
Does any know what the rental market is like int he Cincinnati / Dayton market? I've come across a number of deals in these cities and would like to get opinions before I head down there?
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BiggerPockets! I'm working on building a landing page for Colorado and the city of Colorado Springs. Would anyone be willing to share why you invest in the state and/or the city? What makes your state and city so wond...
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I rehabbed, have owned free-and-clear two multifamily buildings: 8 and 5-unit for 3+ years.
Essentially zero vacancy and steady rent increase in this popular downtown location.
Annual NOI is $140K although I manage ...
Hey all, I wanted to start a back-and-forth that will, hopefully, eventually be fruitful and prosperous for everyone involved in the Detroit market. Detroit is still judged by those ignorant to its success, but I have...
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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
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Hi, I'm working on my math skills and have a question for those that are experienced. In Atlanta, are you able to achieve 2% rule deals, either in the city or OTP? Or is that an unrealistic goal to achieve here? I...