Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Hello BP community! I am days away from closing on my second rental property and have a question about bringing the most equity to my new fixer upper while being budget friendly. I know kitchen & baths for sure,...
My situation looks like a new investors dream deal on the surface. A 250 unit apartment, with owner financing that currently cash flows. The rents are well below market and the complex needs about 750k worth of renova...
Hello all,My name is Michael Holland and I wondered across the Biggerpockets pod cast on YouTube and decided to join the forum. I am 33 years old and a 14 year Air Force veteran. I was recently separated becaus...
So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...
Hello, All! First off, thanks for any advice that I can get. I am learning as much as I can but there is so much to all of this. My wife and I have been discussing what we can do to leverage some of our money and di...
I currently have a property that I had listed for rent for $1550. I haven’t had much luck within a couple days, as I’m used to with my other listings, so reduced it to $1495. It’s been at $1495 for about a week now. I...
In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
Hello everyone, I have a weird scenario that I have been really wrestling with lately.I am in the middle of buying a home and the appraisal came back $40k under my offer. The seller said they would come down $20k and ...
Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...