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I am interested in doing STRs in NYC (I live here) because I see how much tourism is here year round. I see people all over my neighborhood (in Queens) with luggage and there are many listings even though there are a...
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I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Has anyone delt with a hard money lender then financing at the end to a traditional bank? Was the process difficult, would you do it again? What are some things you learned. I am thinking about using hard money to fu...
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I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
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I have a renter asking me how many nights a month a guest can stay the night without being on the lease? I know this probably varies state to state (I’m in Illinois by the way), but is there an average? And is this a ...
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I've been converting unique buildings for quite awhile, very much as a side hustle, until recently. Through all of my previous projects I've had W2 income but don't have that for my current project: converting a 1940'...
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Hi everyone, I'm contemplating my first deal and my head is still swimming with numbers. I would appreciate perspective
My first concern is this is a manufactured home (on 10k sq ft lot), and my research indi...
Hello,In one of my duplex rental units the ac heating and cooling is shared between both the tenants. I find the lower unit tenant somewhat peculiar, given he is in the lower unit there will be more heating need as it...
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Hello Bigger Pockets Family!I need help determining if this mobile home park is a good deal or not. Basically i haven't had much experience in them so need some BP expertise in analyzing this. Thanks so much in advanc...
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I am wondering what everyone's experience is with window units in apartment buildings? This 24 unit has window units built into the siding, not secured in the window so they have it as a more permanent solution. What ...