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I told the prospective tenant I was going to complete a background check and she said it should be clean. Background check came back with 15 collections (including from apartment complexes.) When I told the prospecti...
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Hey Everyone - I hope all is well. My partner and I recently completed some light rehab on a duplex that we are holding in Philadelphia. For the first deal we did a FHA but came out of pocket for all rehab. We found t...
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I am just starting out and looking for 1% rule in my area. I found it already difficult to find. With interest rate so high - 7.2% in my case. Can 1% rule still cash flow anymore ?
Hi all:
I've come across a deal on an old, 20-unit Sec 8 building being sold at a 19% CAP rate according to listed numbers. Seems suspiciously rosy, but until I can figure out what's wrong with it I'm drawn...
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Hi BiggerPockets Community,
I’m exploring the idea of renting my 5-bedroom property in Tampa, Florida, to traveling nurses and could really use your advice! Fully furnished, with all utilities included. Spacious comm...
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Hi! I've finally decided to do a new member introduction! I'm Tamara, a local agent and investor in the NC area! I've been in real estate for the past 7 years, and I got my start like so many other investors throug...
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I’m getting a bunch of interest in an apartment that I rent out, but 50%+ don’t meet my screening criteria. Do you include your screening criteria in your ad to cut down on potential renters who don’t meet the screeni...
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Just getting started and looking to use AirDNA to analyze what market I want to start with. Any thoughts? Also is access to AirDNA included in my Pro Subscription? I thought I saw that somewhere
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The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying thi...
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Hi guys,
I dont know any full time investors in my life so I have to come here for a lot of newbie questions. Hope this is ok.
I often read about people who have or are losing money on their first investments.
I j...