I purchased an apartment building just before Covid hit in upstate NY. Rents are well below market and the plan was always to raise them but for obvious reasons I haven't yet. My market seems pretty tight so I if so...
Market is strong and continues to improve. Everybody likes speculate on how long the rally will last, how much steam is left in the market, and how bad next crash or correction is going to be. It is entertaining but l...
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Hi guys,There was a great topic on the real estate predictions. I cant find it.What do you think will happen with the real estate prices? Now the interest rates are 6.5% I see some prices are dropped may be 15K but st...
Hey! Currently flipping a property (blast podcast all day every day haha) but we are finishing up here ourselves and we would like to try selling without an agent, legalities aside (we have attorneys and everything fo...
Hi all,
When I first came to BiggerPockets I was interested in multi family. Over time, I became convinced that I needed to go to triple net properties since I live Abroad and loved the idea of mailbox money with zer...
Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...
Myself and a partner have a SFH under contract in St. Louis, MO (this is a long-distance transaction) that we intend to purchase as a buy and hold. We just learned yesterday that they were unable to do the municipal i...