I'm flipping this house in Washington D.C and needed an extra bedroom. The two options were digging out the basement and adding a bedroom there or adding an additional floor and putting the bedroom there and leaving t...
Hi everyone, I have a question that I am struggling with. I have a property that I am selling, in escrow now should close next month. The main house has stellar tenants, their lease is up in 2017 so they are included ...
The Metro East is a region in Illinois that comprises eastern suburbs of St. Louis, Missouri. Investors find the Metro East to be booming with potential. While the Missouri side of the region is flooded with investo...
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
Hi All!I have owned duplexes in the greater Cleveland area since 2014 (mainly in Old Brooklyn, Shaker and Garfield Heights) and I have really been hurt by the fact that the vacancy rate has been ~35% on average (I am ...
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
Hi Everyone! Just getting into the property space and continuing to do my homework as I wait out this period and prepare to jump into my first property using the BRRR method. I’m excited to get started and as I contin...
Current property investors in Maine, do you find that the 1% rule is a good indicator for our area considering the cost to heat and remove snow that is incurred during the winter months? I’ve started casually browsing...
Hey guys,Brand new to the forum, I just started my first flip and I had some questions mainly about contractor prices and how to find 'investor friendly' contractors. The area is Washington, DC however for future pro...
Hello BP community - we are new landlords and we are having some issues with our side-by-side duplex. We have installed a mini split in their unit which is located upstairs. The downstairs receives some heat/AC from t...