Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
If you are one of the people on here posting about the market crashing, and expecting deep discounts some time in the not so distant future, then are you selling your portfolio today? If not, why not? Things are still...
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
I always see cheap houses for sale in my market and they are complete rat holes and the realtor always says “great investment property” well my question is do the best investments always come from rehab? Wouldn’t it b...
Hey friends,Really struggling with paying 25-30% of our gross to a property manager on our first STR. I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I ...
Hello BP Family, I'm in Charlotte and the home prices have sky-rocketed so I'm contemplating purchasing investment prop. in my hometown (Buffalo, NY), Detroit, Michigan or Toledo Ohio. I don't have have a ton of exper...
and Property Managers in general,Just about no one on Bigger Pockets is as big a defender of Property Managers as I am. While some folks are great DYI people and can manage their own properties well, I am a firm beli...
I recently had my rental property thoroughly remodeled w/ my property management in charge.They took a month to get a tenant. When they got a new tenant he reported the heater did not work. He had no hot water. The pr...