Billy W.
Check this deal out - what do you think?
Hi,
I have found a guy who is underwater on his investment property. The guy bought the place for $156K in 2005 and now wants $70K for it.
4 Units - 1b/1ba
Rents are $400-$500
Lower/middle class neighborhood
Needs...
Chris Levarek
Is Rent Control a Necessary "Evil"?
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
Jacob Ofei
When did the economy stop pushing for home ownership?
I wanted to start a discussion to understand why a) housing is no longer affordable & b) why so many rental/apt properties are popping up nationwide. My reasoning behind my inquiry:From recent reports of price gou...
Account Closed
Impatient for when it will get easier (reaching step 3: Profit.)
I have 12 units across 5 buildings. One is in year 2, all the rest are still in year 1. On paper, all the buildings required some rehab because they were purchased below market. So it's pretty much a given that yea...
Justin Mariniak
Is it possible to evict 1 tenant with 2 on lease - Florida
Good morning Bigger Pockets community,
I am having a tough time with a new rental property. I have a duplex here in St. Petersburg Florida where one side is rented by two gentlemen. One of them pays on time, keeps ...
Lee Burns
Using the calculator
Well howdy do, everyone. I'm a recent Pro member, playing around with the BRRRR calculator more and more on various properties. Can anyone share a report and walk me through an actual good deal? I'm not finding man...
Alan Curry
Indy officials taking notice of OOS investors
https://fox59.com/news/fishers...I’m in Indy and have noticed a few articles like the one above where city officials are seeing the trend of out of state investors buying up the houses in Indy and making it a rental i...
Jacob D Itzenheiser
Looking to build a team in Milwaukee WI for BRRRR / Buy & Hold
Hello BP,I am looking to invest in Milwaukee utilizing the BRRRR strategy. Primarily interested in buy and hold and am looking for referrals for local PMs, lenders, agents, and GCs. I am currently located in Washingto...
Cody Landry
Are you in the Montgomery AL market?
Hi All,Newbie here. Looking to connect with anyone with anyone and everyone.My wife and I are looking to start purchasing properties in the Montgomery AL market. We used to live there and still have family there. We s...
Amity Word
Replacement Reserves Budget
Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...