Hello Baltimore community! As you can see, this is my first post on BiggerPockets and I have tons of enthusiasm for investing in real estate, but also tons of questions. I currently live in DC, but I recently moved he...
I have a 4-plex under contract in Kentucky. Inspection revealed major issues with the property, some of which were not disclosed: evidence of foundation problem (stair-step and horizontal cracks, bowing towards the in...
Hello everyone,I had visited a property couple of days ago in the Bronx, NYC and noticed that the building in the back has windows in every floor that have a clear view of the backyard of the house. Even though I like...
When evaluating a 10 unit multifamily building in Norfolk, VA, what is the best cap rate to use? I've heard anything between 6 - 7.5%.
Hi everyone,
My business partner and I own two small buildings in Brooklyn. One pure residential and one has commercial on bottom with a residential unit on top. Both buildings have renovation projects that we would ...
Hello, I have a row home property in Philly and there is a vacant one next to mine that I'm trying to find the owner of. Typically you can see an easy to understand name or company but I'm at a lost as everything fro...
I keep hearing I need to know my Market. What does this mean? Is it knowing what housing and rental prices are. Should I be going to city council meetings.......etc.????
Last year was the first time that I filed taxes for my rental portfolio. Call me lazy but I ended up using the CPA which was being used from one of the previous owners of a property I had purchased. I didnt look aroun...
I am having some trouble keeping tenants in my 8-unit apartment block. Some tenants have broken leases on account of getting into debt but it seems security may be an issue. The block is set close to the street with a...
Hi BPers! I own a small 6 unit multifamily in Santa Monica CA. My neighbor recently informed me that they may have to sell the slightly larger (8 unit) multi next door. Im considering making an offer before it goes pu...