I just acquired my first property and will be needing to change the rent. The property is currently occupied for $695 a month, but as a 1,280 sq ft 3 bedroom 1 bath unit, all the comps in the area are at $950 for the ...
I've been hearing it for about 4 years. "This year is the big correction" "Any day now, we'll be buying houses for 40 cents on the dollar" "longest bull run in decades has to end soon" Let me elaborate and I'll finish...
So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...
How is occupancy rate actually defined and why is it important? The Airbnb occupancy rate is defined as "the ratio of the number of days in a month or a year for which a short term rental listing is booked by guests d...
One of my preferred phrases is "Let Painters, paint." Guided by this principle, I delegate most tasks to skilled professionals to ensure efficiency. I currently outsource to a full service property manager who excels ...
Hello Everyone, I am in the process of exploring a unique investment strategy and am seeking a loan of $150,000 at an interest rate ranging between 8-12% for a period of 5 years. My preference is for an interest-only ...
Hey everyone! I have a tenant set to move in three days, luckily I was able to get in early to get maintenance an repairs going in prep for the next tenant. However, my visit last week revealed massive amounts of ciga...
I recently lost my full time job. The thing is we have a business that's already thriving and already replaces my full time salary. So, we decided instead of me trying to find another full time job we should just go a...
Hey BP, newer member here!I'm currently an investment agent and in a position financially where I'm ready to start with my first investment property. My hope is to begin building my portfolio (probably fix/flips) this...
Hey fellow Philly area investors, Happy New Year! With 2017 coming to a close I took a look at market data on Multiunit transactions in Delco for the year and also previous years for reference. I originally started to...