Chris Reeves
Why should mobile home parks trade at higher caps than multifamily?
Hi folks - first post here on Biggerpockets. Glad to be here! I and my family have been in the multifamily industry for many years, owning and operating apartment complexes ranging in size from approximately 30 - 130 ...
Will Rodriguez
How is the situation in Chicago?
Hello,I'm from NYC and looking to make our first purchase of a multi-family in Chicago. I've been coming up with a list of close to a hundred multi family properties which i'll dive deeper into. This is for a buy and ...
Luis Guerra
The 25% property management fee was killing my STR profits
Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...
Rachel Murphy
Debt-income ratio too high for loan approval
Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...
Matt N.
Philadelphia Squatter - Seeking a Smooth Eviction Process
Hi everyone,I'm posting looking for advice, and to hopefully help educate future home-buyers!So I just closed on a great deal in Philadelphia. A triplex in a hot area at a HUGE discount due to the fact that there is a...
Joshua Dorkin
Where do you advertise your vacant units?
After a recent post about Craigslist, I thought I'd poll everyone to see where you typically advertise the vacancies in your rental properties.
Anyone want to start?
Kenneth LaVoie
GREAT Cash flow property that I dont' want to own!
The cash flow purists are going to hunt me down and beat me for this one, but here it goes.
2 years ago I bought a property (foreclosure, on MLS) for 26K, put a ton of money into it but got energy rebates. Ended up...
Alyssa Lebetsamer
Tenant has a super messy front porch - can I MAKE her clean it?
Hi y'all! So my husband and I are going back and forth on this... one of our tenants uses her front porch area as storage. It is a MESS and is very unsightly. My husband wants to write her an official letter demanding...
Nicholas S.
First visit to my propery In 5 Years - got some questions.
Ok, I know, I'm absolutely remiss for waiting 5 years to physically check on my rental property. Problem is, I live ~1200 miles away. Tenant took the house 8 months after it was built, so everything was brand-new. A...
David DuCille
Has Bigger pockets jumped the shark?
This was an amazing resource when i started investing a few years ago. In the past 6 months to a year all I get is spammed by wholesalers. Has this site gone the way of Facebook and grown a bit too much? These are "...