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Calling back a number that responded to my direct mail campaign, I spoke with the home owners nephew. He tells me a weird bind they're in. They've been living in the home now for 5 years but the home is in the name o...
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I am taking the Biggerpockets multifamily bootcamp and I am learning so much. There are four parts to any real estate business. Here are the positions of a real estate business:
Hunter (acquisitions)- market expert a...
So, due to all this craziness from this new dreaded virus, many people are out of jobs. Even with the help of the new stimulus package in the US of A people may still not have enough money to pay their mortgage if thi...
Hi, I came across purchasing a fourplex under master lease by a residential drug rehab business. Master lease is for 2 years followed by 2 year renewal option and rent escalators. Owner of this rehab owns several reha...
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Has anyone found success in renting to four tenants in a 4/2 house? Any complications that make you think doing a 2 tenant max would be a better option? What strategies have you found effective at increasing renter...
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I manage my own properties and have no experience using a property manager, but it seems from all I read on BP that there is often conflict between property owners and property managers. It seems a lot of the ire come...
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Hey all, interesting opportunity came up for me as a co-host. I typically host single family homes, but have been asked to potentially host an apartment complex of 22 units. How would you handle the pricing for these?...
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Thought this was interesting. Virtually everything in the news is saying there is no hope for home ownership, everyone is going to be a renter, etc., but the overall home ownership % nationally vs. renter % is act...
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I've listened to podcasts about using other people's money for RE investments, but once I figure loan payments, we can't make the properties cash flow well without more free and clear cash. Example: $990k 9-plex, gros...
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I have a 3 bedroom rental that has max occupancy of 6 people. I am renting it starting Dec 1 for $850 to a husband/wife. They came looking at it with her mother and we think they are going to eventually ask to move...