First-time poster, long time reader. I have recently discovered BiggerPockets in my venture into real estate. What a goldmine of information and ideas. I feel like a kid in a candy store jumping from topic to topic as...
Hey guys,We have the opportunity to pick up a vacant apartment building with 10 units but after talking with many different lenders it seems that nobody is willing to finance a commercial loan on a building that is no...
I am in the process of renovating a 5 bedroom home just across the border from DC. For now, my long-term plan is to rent to a RAL company, but it takes a long time to get a property approved for such use. In the mea...
I'm trying to understand the numbers on a 5 family building. Asking $450,000 with annual revenue of about $45,000. Annual Expenses before debt service are about $14,000. Considering leveraging a property for the 20%...
Hello all! So here I am nearing the completion of a 20 unit extensive rehab and now faced with yet another hurdle...internet/TV/phone for the residents!The apartments were built in 1972 and are located in a semi rural...
Asking for a friend...My Friend owns a restaurant business that was severely affected by Covid 19. During the pandemic he was able to get refundable PPP loans to help offset the 50% drop in Gross Receipts that affecte...
We had a guest that report they were bitten by a bed bug, which they killed and didn't have its remains to confirm if it was or was not a bed bug. In response we did a deep clean on the unit and couldn't find any bed ...
I am interesting in buying more rental properties, but I recently switched jobs so I’m no longer on a W2. I now have an S corporation where I am required to pay myself on a W2. Instead of waiting 2 years, I’m wonderin...
Hi All,I am deciding on washing machine with built in coin box or washing machine connected to coin timers.My concern was if the coinbox attached if the timer get over before the machine completes or if tenants put ex...
Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...