HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
Hi, I am new to this but it looks like this is the place to start. I have a wooded lot in Deltona right off I-4 by a small lake. It is in a developed community so the water and electricity should be in place. I am ...
Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with. I threw a dart at a map. Just kidding! After much thought and research (about 3 months of contempla...
Hi all,
This is my first post on this platform and I have been listening to bigger pocket for three months now. By the way kudo to David and his team for sharing knowledge that is valuable.
I currently live in Chica...
I recently inherited a triplex that is completely paid off. I renovated each unit and now I am looking to leverage equity to buy another income property. Any advice on what kind of properties I should be focusing on? ...
I'm an investor trying to formulate new policies around the new statewide NY Tenant Protection Act of 2019 that was passed in June. After speaking with countless lawyers, property managers, and RE investors all over ...
Currently in the process of buying my first rental property, a duplex, in Akron, Ohio. Just got the inspection report back today and it looks like the roof is pretty worn and would need to be replaced in the short ter...
Hi everyone!I’ve been owning my first multi family for just over a year now. My girlfriend and I live in the upstairs unit and we have a tenant in the downstairs unit paying rent. Throughout their tenancy I’ve receive...
I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
- Normal wear and tear is something I have trouble defining, I often have to pay 300-900.00 to get the home "rental Ready " again.- Have you EVER held onto a full deposit? Can you explain the context and situation