David Brown
Selling a condo in a 4 unit complex
Disclaimer: I'm brand new to real estate investing; please feel free to correct any assumptions I have made.I am considering a purchase of a condo in a 4-unit complex as an investment property. I understand that lende...
Christine Seeley
Michigan Smoke and Radon Detectors Advice Needed.
I'm a Michigan landlord who resides in a two-story, side-by-side duplex (3-bed each) and has the other side rented. It's been a long time since I've been very active in the RE world. If I understand the laws correctly...
Caridad Reboyro
Seventy percent rule
I know that this rule takes into consideration the asking price times 70 percent less repairs, but were I live population density is high so I came with this adjustment to this rule: asking price less land fair value ...
Anil Sharma
Buy and hold decision
Hello everyone, I understand the relevance and the idea of minimum 1% rule. Based upon online research in my surrounding areas and the prevailing monthly rent they have the potential to generate, I am having hard time...
Dakota Workman
Is a 6 unit apartment a good way investment?
There is an auction in about a month for a 6 unit building, fully rented out as far as I know, for 2650 a month. Thing is, I know auctions all have their own set of rules and such. And it's an online bid type of aucti...
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
Todd Keith
Is This 26 Unit Apartment Priced Too High?
Hello BiggerPockets,Can you seasoned multifamily investors give me some feedback on this deal that I am looking at right now. It's located in a Class C area in Akron, OH. Here are the details:
26 unit property (All...
Dylan Mitchell
Political Signs and Activism signs
We own and manage a small apartment building in Northern Idaho. What policies or rules can we enforce on tenants posting political signs or activism signs? We'd like to restrict them to posting one or two signs in win...
Edward Heavrin
building new apartment in backyard
Hi all,
If I built a carriage house or granny flat in the backyard of one of my rentals and let's say it costs $80k, and I pay for it with cash, what would I need to make in monthly rent for it to make financial sen...
Ryan O'Neill
Zoning Variance (minimum front setback)?
Anybody gone through the process of applying for a zoning variance in Atlanta? Would appreciate any tips or advice on the process.I have a property in O4W that currently has a non-conforming building on it from like 1...