I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
Hello, BP!
I'm Kevin from the Tri-Cities (SE Washington). Long time BP lurker - I'm surprised it's taken me this long to sign up!
I caught the RE "bug" back around Memorial Day '05 after reading an article about an...
Hello, Everyone!Thank you for taking the time to read and respond to this post. I have gained much knowledge and confidence from this site and community already and am hoping to do so again.Do any of you investors/la...
Has anyone experienced pros and cons of having multidwelling units near a military base? Specifically rental rentention, vacancy concerns due to deployments, how to handle short term leases, section 8 vouchers, etc.
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Hi everyone, my name's Bisi from Glen Burnie, Maryland. I'm new to biggerpockets as well as the real estate business. Although I've only been in the business for a few months, I feel like a fish in water lol. I love t...
Hi, I'm just starting out as an independent landlord and have found the maintenance requests and sourcing of qualified maintenance people difficult. Is there a tool or service that can help me find people quickly? Rig...
An elderly friend of mine wants to stay in his multi, but can use extra cash each month. I ran some numbers and I can just barely break even on cash flow keeping him in it. I figure I could offer him to do basically a...
Hello BiggerPockets community!
I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio. The best part? The seller is open to seller financing, which presents an incred...
Hi,I bought a home on a commercial renovation loan structured as follows. Before construction, the home was appraised for $80,000, and after-complete the appraisal value is $120,000. The lender was supposed to disburs...
Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...