Lucky Oldham
Guidance Needed - Working with builder on a tear down and build up
While doing search for investment property, I guess I went too far and decided to convert my own (current) home into rental and bought an old property which needs to be torn down and built from scratch. It may not be ...
Wilson Vanhook
Is This Creative 0 Down Payment Strategy Possible?
Help me figure out if this scenario I thought up has potential to work or not.First Leg:Purchase Price: $500kDown Payment: $100kClosing Costs: $20kLet's say I want to purchase a short term rental at the price point of...
Christopher Sandys
Passing a Lead Safe Toledo Inspection
If anyone has been through the Lead Dust Wipe Inspection for Toledo and is willing to share their experience, please share it here. That would include any particular inspector that you feel lives up to the spirit of ...
Natisha Phouphayly
What renovations will significantly increase appraisal value?
Hi all!
I just put my first BRRR property under contract. I just wanted Bigger Pocket's opinion on how to increase value on a property. With those who have experience, what have worked for you? For those who don't h...
Marcus Johnson
Is it financially better to own multiple properties or less?
Let me try to give a real world experience that may provide some conclusion as to whether or not owning more properties provides greater protection.I’m going to use a duplex that I purchased in city of South Minneapol...
Nithya D.
Hard Time to rent my property
I bought a house SAn Antonio.Its a brand new community with lot of investor homes.My rental is through a property management company.I have reduced rent 3 times .My zillow contact is 43 totally but only 2 showings so...
Tamara R.
Finding tenants this time of year
Hi All:
I am new to Bigger Pockets. My husband and I placed a contract on a short sale (investment property) in August expecting it to take at least 6 months, but the process moved quicker than expected and we are c...
Niko Crowley
Raising rent on existing tenants when buying a new property
Happy NY!I recently purchased my second two-family investment property. The top unit is being rented to long time tenants (TAW) for $1250 which is well below market value for the area. I had a conversation with the ...
Cal C.
Oceans of paint and Acres of Carpet are bad. Limit the size of your rentals!
Thank you @Tyler McCracken for that phrase.Anyway, ten years ago when I didn't know what I was doing when purchasing property, I bought a couple of four bedrooms with about 2700 Square feet of space in each. While t...
TK Agrawal
Commercial property with about 12% cap, am i missing something?
Hello All,
I am a new investor getting started in REI.
A commercial property is in front of me in texas that offers about 12% cap rate. I live in California. The property is leased for next 5 years. At that cap rat...