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I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
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Not sure if I should still invest in a multifamily by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants from being evicted right away in 2-3 months like you can in PA or CT..My Fe...
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So I’ve educated myself on and have employed a few strategies for real estate investing. Buy n hold, wholesaling, BRRRR, tax liens, next on my list is sandwich wrap and lease option and of course the fix n flip whIch ...
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Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
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Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
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Has anyone had any dealings with Ohio Cashflow LLC? I've seen that they have a bit of a presence here on the BiggerPockets forums, including some informational videos that they put up (Yellow Ladder Tip of the Day). ...
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I know people have different opinions on paying off rentals but for those who have how do you like it? Did it allow you to buy more properties faster,did you pay for the next property with cash or did you end up takin...
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I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...