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Hello Bigger Pockets family! I have a question. I'm currently in contract on a 36 unit complex and currently going through my investigative process. During my investigative work I have found that the insurance for the...
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My initial thoughts were to purchase an existing duplex or triplex. I looked at several, with one being a triplex about 30+ years old. It brought in $1,850 total per month and asking price was 180k. It needed a few up...
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So I have a non-primary house that is valued at $220k on Zillow (just a reference point), what options do I have to finance around 100k out of it to renovate the house? Credit is fair but not great, I have access to a...
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Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
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Is there anyone who have experience in investing in expensive area. I live in Brampton and average price of homes is near about 1 million . Finding positive cash flow property is really hard or near to impossible in...
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I have an opportunity to invest in a crowdfunding, 50-unit opportunity with the following terms:- 8% preferred return- 25% net rental income- 50% profit upon sale Property management fee is 7%. Markup on maintenance ...
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Good morning! I'm writing from Lancaster, PA
I have recently been introduced to bigger pockets and have listened to several podcasts. I recently heard one which suggested to write a letter to a home owner offering to...
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Hi All,I guess I will start by describing my situation. Last year I purchased my first single family rental property with a standard 20% down payment. The loan amount was below the lenders typical threshold, but they ...
I have an opportunity to buy a great property in my neighborhood. $210,000 My wife and I would like to live there in 2-3 years when it is time to downsize. In the mean time I will rent it out or use it as an AirBnB ...
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We have been landlords for over 20 years and have mostly rented to married couples and traditional families (parents and children). I’ve always been a little hesitant to rent to unrelated groups, i.e., 3 friends or tw...