Bill Manassero
Deliriously Ecstatic in Memphis
This is an update to my post "Desperate in Memphis" from December 28th!Great news! We booked our second tenant (in my duplex) at $650 on a one-year lease to a young couple with solid income, excellent credit backgroun...
Account Closed
The Real Risk you Might be Missing
A common question I see on the forums relates to where we are in the real estate cycle and whether or not now is a good time to invest. You should absolutely keep looking to buy, but do it eyes wide open with a full u...
Evan Swanson
If you can put 20% down, should you?
House hacking teachers commonly say "put 3.5 to 5% down" and rent out the other side. But if you're able to put in a 20% down payment, should you? When people model cash flow is it assumed that 20% down payments are u...
Rob Bianco
Water Bills Getting Ridiculous.. What do I do?
I bought a 4plex in December that has 1 water line so water is included into the rent and each building also has it's own coin operated laundry machines.
There are approximately 10 tenants in the 4plex and we've ha...
Sarah McCluskey
Good cash flow, cap rate & CoC return - top of market price
There have been many discussions about this being a sellers market, and prices are high.In my market (between Chicago and Milwaukee), prices are high, but many of the properties still would cash flow well.When I run t...
Heather Johnston
Morris Invest - Update and/or Alternatives?
Hey everyone,I'm new to the real estate game and spoke with a Morris Invest representative yesterday. While performing my due diligence, I found in-depth negative reviews of the company on here. Between YouTube and ...
Sacha LaCoss
Your thoughts when 1 applicant has great credit but the other....
I have a set of applicants that are a couple moving in together.
Applicant 1 has a 773 credit score and can easily meet the 3x rent income on his own. Librarian for the city
Applicant 2 has a 561 credit score but ...
Aaron Guadiano
Wholesaler vs RE Agent
Hello all,I am new to BiggerPockets and I love seeing all the new opportunities that are possible with this platform. I was recently laid off of from my previous corporate job and it made me take a good look at my lif...
Shay Reddy
Retail tenant not paying rent - Covid Force Majeur
I have some retail tenants who are not paying rent due to force majeure & covid19 Realistically their sales dropped and the government is not allowing them to operate their math tutoring place.As the government i...
Stephen Frick
Analyzing my first deal. A Foreclosure. Would love some feedback.
Hey guys. Looking at a possible buy and hold deal....first one!!! Used the SFH Rental Analysis file. It was a huge help. The deal looks okay, but I would love some feed back on my numbers. Full disclosure, I ...