John Timmerman
What to pay for existing, cash-flowing properties?
I'm in Syracuse, NY and have a portfolio of properties I'd like to buy. Market value for all 3 properties (1 single, 1 duplex, and a 5-unit) is about $400k; net cash flow is about $60k a year, and seller is asking $82...
Dave Meyer
What Questions Do You Have For Real Estate Experts?
Hey Everyone,
I hope you all have had a chance to check out BiggerPockets' newest series, On The Market. If you haven't you can find it here on Spotify or watch us and subscribe on YouTube. The show is designed to ...
Bruce Woodruff
How are everyone's STRs doing right now?
Thought I would check in again, it's been a few months since someone asked this question. Of my 2, one is pretty full, but it has a nearby attraction that supports it. The other is just dead. One booking next week, bu...
Juan Santiago
Real Estate Agent Agreed to help me find properties...now what???
I recently contacted a real estate agent and asked if she works with investors. She said "yes I can help you, let me know what you're looking for" But how do I let her know that I'm assigning contracts? Any script I ...
Nick M.
% interest to charge for Land Contract
A tenant is interested in buying the house he is renting from me via Land Contract. I have not done this before and would like some opinions on what to look for and how to set up the payment?
I am curious what commo...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Alex T.
Getting rid of semi-professional tenant in Massachusetts
A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
Kyle Hipp
Applicants having a friend pretend to be their landlord for reference
I am currently listing a place for rent. I have this couple come over and explain to my wife prior and myself at the showing how their current place is bad and that the ceiling caved in twice. They go on with some oth...
Joe M.
How do you earn/save extra money thread?
Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...
Phillip Gainey
Chris Clothier - Memphis Invest
Has anyone ever bought a rental property in Memphis from this person?
He lists MANY properties for sale in the BP "properties" section at what appears to be highly INFLATED prices. Also makes what appears to be unli...