Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...

I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...

Since my first property I was seriously looking at fell through, I thought I would try this again.  Hopefully it is a winner this time.@Bram Spiero  I just wanted to let you know that I am evaluating another deal agai...

We are closing on our first two rental properties next week.  They are turn key ready to rent properties.  We have a few potential renters already.  One is a young couple with a dog.  I have dogs myself and know that ...

Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...

Timeline of events2-3 weeks ago: inspection was completed. No issues with A/C unit given in inspection reportDay before close: Buyer did a walk through and notified me that the A/C was not blowing cold. I called an A/...

Announcing the BiggerPockets Conference 2019!!!

It's been 7 years since we had our last event.
This Conference WILL sell out!
While our final agenda is still coming together, when it's finalized you'll be the fir...

I am a private landlord with two properties. My questions is for private landlords:How many properties do you own that you manage yourself?

Hey guys, I'm "momming" for the next few days so I have stepped away from my work and will have the freedom to give a few people who are ready to make moves some personal attention in moving forward with a deal. My go...

Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix!  What's your average move-out reno cost?  And how many years of cash flow is it wiping out?  This is my first move-out and I"m fi...