I'm curious to hear how other people account for phantom repairs when looking at a deal to purchasing a rental property. By this I mean the depreciated value of having an older roof, furnace, etc. in a house you are l...
Hey everyone,I am an aspiring rental property investor from the Kansas City, MO area. I am a Mechanical Engineer by training. One of my biggest long term goals is to achieve financial freedom by making calculated inve...
He everyone, my name is Nicholas Hanson. I'm 25 year old, was born and raised, work and play, around the Madison area and love it here.I came across the Bigger Pockets podcast about two weeks ago, and started from num...
Hello BP,I'm fairly new to BP (first post!), and I was hoping someone could talk me out of a bad idea. There's a rowhome down the street from me. It's been empty for the last two years at least and has a notice of u...
Hello, my partner and I have around 13 single family homes and we are thinking of taking the next step into Multi Family. I have been searching for private capital lenders for a little while and seemed to have gained...
Hi everyone. I’d love your input if you could….I purchased my first property last November and it is an old, small cafe. I put a lot of work into the place to take care of some major issues and ended up getting a tena...
I've just recently added a coin-op washer and dryer to a 4 unit. The first month went well, and being a little OCD, I counted the coins in each box. The usage of the two machines matched 100%.I just emptied out mont...
I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...
Hello, I could use some suggestions and ideas. I am just starting in wholesaleing and would like to know if it is wise to put out an LOI on a property that's only 59K and a fixer upper to wholesale. The seller is sell...
Hi all! I hope you all had a good thanksgiving, Finally about to pull the trigger on a 6 bed multi-family in Rochester. I am blessed to have professionals on the ground.My question is to find out if $400 cashflow ...