As a value-add investor, cap rate is not a main focus of ours when evaluating an exit.We do not control the market and neighborhood cap rates when investing in multi-family. We can still manipulate the NOI based on ou...
Hi everyone! I live near a state college and found a fixer upper for sale less than a 10 minute ride from the college. I was wondering if anyone uses their rental property solely for college students. There seems ...
He everyone, my name is Nicholas Hanson. I'm 25 year old, was born and raised, work and play, around the Madison area and love it here.I came across the Bigger Pockets podcast about two weeks ago, and started from num...
Hi everyone,Trying to spend a few minutes each day on here to learn as much as I can. I live in northern VA, have been househacking for five years and also have a paid-off condo about two hours away that hasn't apprec...
One area that I fear I struggle in is tenant management, or lack thereof. I was burned by my last tenant (and really, my own decisions) because I think I allowed some things to spiral out of control.Rent-wise, no exce...
My tenants bought a washer an dryer an asked me to help them install the washer drain an dryer vent. I went over this morning it took maybe 2 hours including a trip up to handyman. It cost me about $12 bucks in materi...
Hello BP community. My name is Riley and I am a native to Abilene, TX. I am a physical therapist and work at a local hospital here in town. My best friend has been encouraging me to get into real estate for the last 8...
Scenario:Single-family home purchased for 49K. Rehab: 25kIf we sell for 95k and want to 1031 exchange does the next property have to be more than selling price or does it simply have to be more than original purchase...
Pretty simple questions here... Should I paint my existing front door? Or would you recommend replacing the entire front door? This is for a duplex that I am house hacking/renovating. Current front door is a steel 6 ...
Hi my new tenant asked if she could install her washer and dryer with her own $. As much as I want a happy paying tenant (she is so far a good tenant), my concern is the installation part. What if her contractor accid...