Rachel Luoto
How to price rents when comps are scare?
Hi everyone,I am putting my home up for rent shortly. It's a 3/1 valued around $270K, water and mountain view, well maintained (currently used as an air bnb)Using the .08% rule of thumb, this should rent for $2,160/mo...
Jim Goebel
We have a property that is a mismatch with the rest we own?
So we have one property that's in a 'less' desirable area of town. It's a decent property and currently produces about $300-500/mo in cash flows, not including deferred maintenance allowance. The property is rented ...
Bert Zhou
Turnkeys in KC, Indy and Chicago
Hi BP Members, I am looking out of state for Turnkey properties and i have limited my search in Kansas City, Indy and Chicago. I have a few questions i'd like to hear from the fellow BP members who have done deal in ...
George Ganis
Lease Clause for Active Military
We found new tenants that are active duty military. We gave them our standard lease and they subsequently came back with a request to add a clause to cover the possibility being assigned elsewhere.
I want to do t...
Kenneth Woodall
Buying a Chapter 11 Business Question
I am approaching a multi unit that has been approved for chapter 11. Is the current owner allowed to accept an offer lower than the total debts?Simplified example:10 unit property with $1mil in debt. $800K is from a s...
Edward Dandrea
High appraisal looking for advice
I bought a 5 unit for 114,000 3 years ago I did some Reno and the building NOI is near 35k a yearI am applying for a HELOC to buy more and Pat of the process is getting an appraisal.I'm not sure what to expect or how ...
Teresa Machi
Buy and Hold-Milwaukee (Bay View)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bay View.
Purchase price: $150,000
Cash invested: $30,000
Here are Before and After pictures of a unit in Bay View (Milwau...
Seth Gurrola
New to Bigger Pockets and wanted to share my limited experience
Investment Info:
Single-family residence buy & hold investment in Fallbrook.
Purchase price: $176,000
Cash invested: $20,000
Bought home during late stages of the crash. Used as primary residence...
Min K.
State College PA Student Condos
Hi all. Penn State alum here. I was randomly browsing the State College PA Zillow listings and came across 4 studio apartments being sold for $680k. Each collects $750/month and has a $103 condo fee. I've been in this...
Roxy Coburger
Downtown Chattanooga Market
I've been reading that downtown Chattanooga has been a pretty good market for investors lately andI'm wondering if there are any investors in that area that could tell me if there is anything the City or State is doin...