Hello BiggerPockets Family, I have been on the site for a while but have never pulled the trigger on buying a property, mainly because I couldn't decide on a niche or what direction I wanted to go. However, I glad to ...
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Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips? Someone I met while visiting runs a cons...
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I realize it's a pretty brutal market, so just looking for any other ideas for neighborhoods/tips that might help me in this situation.Currently renting and looking to buy, but would like to avoid a direct roommate si...
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Hello all, I'm located in MA. Hoping someone with some state-level context can chime in here. Had a lease with a tenant in one of my apartments which ran through 4-30-2024. They asked a few months back about possibili...
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I currently have roommates "with privacy." They basically occupy two bedrooms with a bath in between, one of the rooms converted into a modest kitchenette. We have a door between our "units". I set up a lease (simi...
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Hi BP! I'm looking at a 4 family property in NJ, all 2 bed 1 bath, and I just wanted to throw the numbers out there that I came up with to make sure it sounds like I'm on the right track. Probably looking at a 203k lo...
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Investment Info:
Large multi-family (5+ units) other investment in Billings.
Purchase price: $285,000
7 Residential, 1 Commercial distressed property purchased in May 2021. The vacant Commercial + attach...
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When analyzing a rental property, what is the minimum cashflow amount needed? (For single family homes, 2-4 units, and/or 5 units and up)?
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I have a 11 unit apartment building and I was wondering what people feel the rent spread should be between old and new tenants? My new tenants pay $865 for a 2 BR and older tenants are paying $850. Does this seem...
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I want to buy a tax lien from a reseller, he buys a lot of them and resells the ones that seem to head to foreclosure. Is it a smart move in general, to be buying the lines someone else doesn't want anymore ? My only ...