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I probably should have joined this forum a year ago, before I started looking to invest in an income property.
I bought a month ago and I'm now close to having the property ready to rent.
I'd like to submit the par...
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So after closing on my first property in February (a duplex that I bought FHA and will owner occupy for three years since I got the tax credit before doing another one) and spending the past 6 weeks doing rehab on the...
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when you have a Sandwich Lease Option.
Your T/B is ready to excercise his option.
How does this close if you don't have the funds to purchase your side (A-B)?
Thanks
Rich
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Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
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Hello Bigger Pockets Community. Thank you in advance for your insight and discussion.
We are beginning Landlords and living in one of our investment properties (duplex). Our upstairs tenants decided to buy and bri...
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I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
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Hi all,We are having issue with our tenant and not sure how to deal with her. Late last week, she contacted us and stating that the upstairs toilet is leaking, through the floor and the bottom floor ceiling. On Monday...
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Hello BP,I'm looking at a deal, and I need help determining what qualifies as a "good" cap rate for small apartments in the Midwest.Here are the details:11 unit apartmentAsking price: $1.4 millionMonthly rent total: $...
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Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...
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Long post warning!!
While there are plenty of success stories, everyone likes to hear about the struggles especially when its not them. Here is my tale
It begins pleasantly enough August 3rd. My husband's aunt had...