Andrew White
Rational in an irrational market, is it possible? Case Study
Hi, here I'm presenting an active case study that I got myself into. I'm new to BiggerPockets so I haven't done too much on this site. My goal is to hear insight on the deal itself and gain knowledge from those that h...
Nico C.
6 Unit BRRRR in Virginia Beach/Norfolk Area
Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $427,000
Cash invested: $138,000
Snapshot Metrics:
1% Rule = 1.34%
Purchase Price: $427000
Estima...
Tina Lee
Tenant is keep complaining is too cold on a fully working heater
Good evening everyone, I have this tenant who pay electric herself and our heating system uses electricity. So she is paying for her heat.She complaints to me entire winter the room is too cold and we have send super ...
Jin Zhang
Is whole house fan a good investment for rental property
Hi everyone, I have two units in San Jose CA which I just started to rent out as STR and MTR. They are older properties and do not have an AC. Even though it is not super hot all the time in the summer, it will have a...
David Ivy
Austin Market Report - February 2024
According to the February 2024 market report from the Austin Board of REALTORS®, the median home price in the City of Austin fell modestly by 2.8% to $543,200 over the past 12 months. However, the greater metro area f...
Takeo Kingi
How did you present a rent increase
Hey guys,I’m about 3 months away from having to renew my renters lease. I know this is an odd time, so two questions. First what’s your thought on increasing your rent during this time (my tenant is in the medical fie...
Deyu Wang
Does fixing the foundation raise the ARV?
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
Nathan Weber
Have you changed how you underwrite?
Throwing this out there because I like hearing opinions from the BP community. Has the current environment of inflation, cost of labor going up, supply issues and raising interest rates or anything else going on now, ...
Tarun Mitra
Existing tenants paying way below the market rate. What to do?
I have just bought a new duplex. I have existing long term tenants living in each unit. One tenant is living there for 10 years paying around 1080 and another is living there for 4 years and paying 1265. The current m...
Connie Tang
Raising Rents on Inherited Tenants
Hi All,
Seeking your thoughts, insights, personal experience, etc. on this...
I am in the process of purchasing a 3-unit property and would be inheriting the tenants, who are month-to-month. Since the tenants would ...