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Hi BP community! I’m looking to build my first flex warehouse and wondering if my $1,000,000 budget is realistic. Im looking at a lot that is .97 acres, already graded and has water and sewer taps at the front of the ...
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TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Mai...
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Hello, I am midway done through my first gut rehab and flip in Chicago. The costs were super cheap partly because of COVID and partly because most laborers came in as personal favors from a friend.I recently purchased...
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I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
...
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My mom came to me today asking about a strategy she heard about where people are paying off their mortgage in 5 years. I was very skeptical about this and told her not to do anything before she did more research. In h...
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Hey guys! A little backstory that inspired me to write this post! I went on a call today to a house an women had been renting for the past 14 years. She claims to never go downstairs because of the stairs but she hear...
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Hi Everyone,
I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as...
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I know that a lot of investors don't bother to repair a lot of the problems found in an inspection report. But how do you choose what to address and what not to? When I talk with the inspectors, naturally they tend to...
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Hey guys,
so i need to add an AC unit to my multi-unit property in Ontario.
I was wondering if people usually prefer to rent these or buy them?
I did the math and based on the quotes if I buy i make my money back...
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I was wondering what other people have on their Monday Morning Reports that they receive from their management companies each week? The management company I use currently does not offer this but I feel like it would b...