In a recent podcast David Greene answered the question of a young person from San Diego. He commented that total returns in the Midwest are poor because they don't appreciate and rents don't go up. He specifically c...
Thanks for your thoughts in advance..I'm deciding whether or not to raise the rent on one of my single family long term rentals, and if so how to break the bad news in this difficult time of inflation? I'm a fairly ne...
Hi all,
Currently modeling out a couple properties for my first rental property. I'd be looking more for a longer term hold on the rental, and wouldn't have much in terms of refinancing. At current house prices, it s...
Despite rent increases showing a small slowdown month-over-month, overall prices are still on the high side from the previous year. For example, the average rent for a two-bedroom apartment in Austin is $2,070 now, in...
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*This link comes directly from our calculators, based on information input by the member who posted.WE NEED YOUR ADVICE!! Hi, me and my husband purchased our first home in April 2020 (Bought it for $312,0...
Hello BP, I finally have my first accepted offer in Bayonne NJ. Its a duplex property and I am looking to improve each unit to maximize my rent roll. I was planning on adding vinyl floors to both units and having a pa...
Would you have any pushback or concerns on a cash flowing quad in an HOA community? Is the HOA a deal breaker for you? Slight concern or major concern? If so why?I was speaking to a partner in my network and they had...
Quick question to the Bigger Pockets community!
Hypothetical situation. A house is on the market for $100,000. After $25,000 in repairs, it is now worth $150,000-$175000. What accounts for the difference. Why doesn't ...
So I'm considering a multi unit property that could be well within the 1% rule for the Salt Lake City area. The only catch is that the current tenant is Section 8. I'm pretty sure that the advertised rent with section...
Hey- My wife and I connect with a conventional loan officer who used CreditXpert to analyze our credit. The results were wife's credit score is excellent... mine not so much. The tool very insightful; however, their o...