David Braylark Jr.
Need help evaluating a 6 unit complex in Gainesville, Fl
Hello BiggerPockets community,I am analyzing my first small apartment complex. Here is a quick description:6 Plex located in Gainesville, Florida, C/B on bottom, behind Oaksmall, convenient to UF, malls, and shopping...
Kevin L.
Raise rent or non-renewal of lease
Hi BP community,
I have a long term tenant (4 years) who has a good record of paying rent on time (with a few exception where he was late by 2 days). He's bad at communicating since he always does things to the prope...
Orlando Paz
What is the breakdown of the 70% rule?
I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...
Jeff Stoddard
Strong cash offer - not accepted
We put in our very first offer on an investment property here in Portland Maine. The property met our criteria perfectly so we went in strong with a full price cash offer. For reasons unknown to me, a different offe...
Tim B.
Seller rejected offer due to not Seeing in person
I am wondering if anyone has been and this situation and has ideas on how to handle this. I am an out of state investor and in the past I have purchased my properties based on video walkthrough that my (trusted) realt...
Macintyre Gallagher
Why/how do wholesalers not actually own the house?
How does someone wholesaling not actually ever own the house or have to pay expenses? What is the difference between them buying it and me buying it?
Eran G.
How do you back out of a deal when the numbers are off?
I recently finished reading a real estate book where the author recommends tying up a property quickly (if initial analysis suggests the deal is a good one) and then doing the due diligence. This sounds pretty obvious...
Matyas Sustik
When a syndication is managed really badly...
I am invested in a syndication as a limited partner. The property is an apartment complex in the South. It has been struggling for several years now. Distributions were halted before COVID hit and then COVID brought m...
Ken Graham
Ocean close vacant lot
I've read a few posts regarding the subject but can't really find a specific answer. I've found a vacant lot in North Florida (Atlantic side) that is ocean close (1/4 mile) in which eventually I would build on closer ...
Karyn Brown
Home Inspector Recommendation
We are looking to purchase our first single family home rental in the Birmingham, AL area (Dora). Any recommendations on a good property inspector?