Tucker Olen
Adding Self Storage to 3 Unit Building
Hi all, New to Bigger Pockets!! I'm seeking advice on adding self storage space to an existing 3 unit building. The property has an empty garage and basement that could help add cash flow to the bottom line... What ar...
Thomas D Koeneman
To Hire or Not to Hire? That is the question...
Looking into purchasing a SF 3b/1b property with-in 5 miles of my home to set up as an income property. Question, Do I hire a property manager to handle the rental? I have many years of HVAC and Construction backgroun...
Christine Walsh
Using Roth IRA funds for start up
Hello!I have some funds in my Roth IRA that aren't performing right now (sitting in money market waiting for a down turn to re-invest). I am thinking about using it to fund a multifamily purchase. Is this stupid or ...
Stephanie A.
Leveraging 100% equity?
Hello!I am in a great situation financially, but I don't know the best way to finance a second property. My situatuion is not all that regular. I would like some advice, please. First, I live six months and one day of...
Pyrrha Rivers
Tenants with non-traditional income sources please help!
I'm brand new to the tenant screening experience and would like your feedback on a pair of prospects who came to my last showing.During the conversation, the two young ladies mentioned they have been roommates for yea...
John Boyd
Property Management or self manage?
I'm in the process of purchasing a duplex, and there are already Property managements with the property, after reading over their contract, I see that they indeed get a lot of monies for just two units. My question is...
Chinyere Ofonagoro
Self storage facilities in the Upstate NY area for a newbie.
Hello all.
I have been following a few threads on self storage units . Have been interested for a while but apparently good deals are hard to find. I am very interested in the value add (If I can find one). The Upsta...
Sarah Humbargar
Should I form a Management Company for our Assets?
We are soon to have 4 units between 2 properties and at this time I self manage everything and will continue doing so into the foreseeable future. We've received 2 different legal recommendations and are trying to dec...
James Kim
Security system for long term rental
Hello and thank you in advance for your help.
I have a long term rental that has been sitting for a bit. The property isn't the problem (new construction, out of state in TX) according to my PM. It has been suggested...
Talley Haines
Insurance policy question.. How much insurance should I get?
Need some advice when it comes to insuring a rental property... I have a rental that would probably sell for around 200,000 if I sold it right now but my plan is to keep it and rent it out. Would it be a bad idea to...