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I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Hi all, Context: Out of state investor (living in california, there's no way I can afford to invest here)Made an offer, got it accepted. Second time this has happened and again, paid for an inspection only to find big...
Just wanted to announce today that we’ve added some enhanced capabilities to the forum signature here on BiggerPockets.We now allow agents and other professionals to show off their certifications, license numbers, and...
Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Having a discussion at the office, and this question came up.If a dog breed is banned by the city your rental is located in, do you have to accept it as an emotional support animal?Pit bulls always get the bad rap, so...
**Hopefully some motivation for anyone just starting out.** I posted this on the BP Facebook Group and was asked to post it here as well.Growing up we never talked about money. It always felt like a taboo discussion. ...
Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...