Jimmy S.
Would you rent to a section 8?
Long story short I never dealt with section 8.
She is a single mom with 5 kids, yes 5 kids. Right away I can see the kids damaging everything. Rent is $1050 a month and section 8 will pay for $800+ each mon...
Michael Noto
Running Diary of a 2-Family Flip in Southington, CT
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
Tarl Yarber
$135K Fix and Flip Profit In Seattle WA! Success or Not?
Hey BP! I have not posted in BP for many months, and I miss it. I really enjoy posting topics that break down our failures and troubles so that others can learn from them.Based on the title of this post...$135k Fix ...
J. Martin
"It's Different this Time!" - Why we can't lose in RE! :)
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...
Wade G.
Does Anyone Else Sometimes Just Want to Give Up
I realize I sound very defeated and that is because I am. I have been investing for seven years and I think I am done. I do complete background checks of criminal, credit, references, income, everything like I shoul...
Chris Reeves
Why should mobile home parks trade at higher caps than multifamily?
Hi folks - first post here on Biggerpockets. Glad to be here! I and my family have been in the multifamily industry for many years, owning and operating apartment complexes ranging in size from approximately 30 - 130 ...
Brian Orr
New fourplex owner questions (utilities, rent, etc...)
Hey BP family,So I finally did it and made the jump into multi-family with my first 4plex closed today. I wanted to run the summary information here and get what feedback I could from all your experience. I've only pu...
Helen Zhang
Cleveland Population Decline... Why?
We all know Cleveland Population is Declining every year. I hear a lot of reasons, but other than jobs as being the main reason, I cannot seem to find other reasons that make it reasonable for the declinning populatio...
Cheng Bin Zhang
Another Crash 2017?
Hi All,I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).I figure th...
Kevin Harrison
smokers?
I have been a part of BP for over a year now and have been a smoker since I was way to young, but my question is when did smokers get such a bad rap?I personally don't smoke inside of even my own home, not even once. ...