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Hello Bigger Pockets!My wife and I acquired a 6 unit apartment building in July of this year. Three of the units were empty when we purchased it. One of the three units was fully renovated and we rented it immediately...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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For those of you who say the eviction moratorium doesn’t/hasn’t affected you. I’m here to tell you it does. If you own rental property, but “haven’t had any issues”, 12% of mom and pop housing providers- your colleagu...
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Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
I have a question for all of you BPersI am an active buy and hold investor and some months I ask myself why am I doing this again?I believe I do this because I do not have a clearly defined WHY to look to during those...
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This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
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Who is suffering in a market from Covid-19 so far?
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I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
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A lot of people might disagree with my decision, or question it. But I am leaving a family business that I have been a part of for the last 6.5 years. I finally gave a months notice last week. This has been debated in...
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Hello BIggerPockets,
I started this discussion to get some thoughts and opinions on how the Coronavirus might affect the housing market. Mainstream media has been reporting about it nonstop for the last few days, sta...