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I bought a owner occupied a 4plex. I live in the 2bed 2bath the rest are 1bed 1bath. Rents are unit 2 $550 unit 3 $600 and unit 4 $600. The are comps are $725 to $908. Units 2 and four lease has expired the end of the...
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What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
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For those of you guys that still have day jobs... Does your employer know about your REI. I would like to hear the pros and cons of both sides. I will go first. My employer is fully aware that I am investor and close ...
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I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...
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We just completed one of the more important guides for landlords and I thought it important that we make it visible here on the forums. These are both MUST-READS!
Tenant Screening: The Ultimate Guide
At over 5,000+ ...
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Hello everyone. I'm new to owning rentals, I have 2 duplexes (Newburgh Heights and Shaker Heights)I had a very good relationship with my property manager until recently. He was always slow to send things like invoices...
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Meaning, in my city, prices have moved forward so aggressively that they have made up for all of the 2008-2010 losses, and there is still somewhat low inventory. Two things kind of concern me - one, the way constru...
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I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...