I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...

Hello everyone,
I finish my undergrad at San Diego State University this past spring. I’m 14k in debt. I did receive a full ride to graduate school, which is a one year program at UC Merced. My end goal is to work ...

Hello all first created post,
I had my PM company contact me and say they needed two windows replaced for around $1300 a month ago. I just received a bill for around $3900 for the replacement of 5 windows. I was neve...

Hi there I have recently come across some properties with fire damage. My question is how do other investors feel about these type of properties to invest in or does it matter the type of damage the fire has done 

Hi, Im looking to purchase a home in the Mesa/Gilbert/Chandler Arizona area for a Short Term Rental.I cant really find anything on the laws and regulations on short term rentals in these cities if anyone has any infor...

I'm looking to acquire and am doing research on a few multifamily properties in Dallas, Texas (~10 units). I came across much lower than expected historical property taxes for them and was surprised. When digging deep...

Exit strategy for 2-3 year bridge loan as down payment?  The numbers below reflect my best estimate WITHOUT bridge loan paydown.  Has anyone used a similar method, or can advise if this deal might be worth the risk?I'...

Frustrated Boston area investor here! I've been doing some research and I'm loving these south coastal states. It seems like theres a lot of economic growth in certain areas of Central/western Florida, Columbia SC, an...

I stole this joke from someone else so I can't take credit but I wanted you all to enjoy it as I did

I had a flat tire on the interstate, so I eased my car over to the shoulder of the road, carefully got out of the c...

Investment Info:

Large multi-family (5+ units) commercial investment investment in Big Spring.

Purchase price: $3,600,000

Cash invested: $1,615,000

Coronado Hills is a 68 unit, Class C Apartment buil...