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I'm trying to close my first subject-to deal and my title company is unfamiliar with the process. Being that it's my first one I'm not exactly sure how to explain it to them either. My understanding is that the proper...
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Hi,
I currently have 5 properties in one city (out of state) and am looking at investing in 2-3 other states. I am curious what other out-of-state investors have done in terms of setting up bank accounts to r...
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Hello,
I’m New to BiggerPockets community. I have an interest in getting involved with real estate investing in the near future, specifically rental properties. I was wondering if anybody knows of any good strategies...
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I've been looking around for some time now and I keep reading about cash flow of 100 dollars or less per unit per month. Is it worth the effort ? Here is my situation see what you think..I am looking at REI for maybe...
Hello and happy Friday!!I'm looking into where to put some cash and I like the idea of buying something cash and renting it out. The theory is that I can have fewer properties to manage and less debt than leveraging, ...
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My investment group and I are looking to try a new manager for our long term single family homes. In the past we have tried quite a few. Last year our repair costs were 42% of rents which blew all of the previous ye...
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Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
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I currently own 2 rentals and am always conscious of the scalability. My cleaners have been missing a few small things as of late, and it seems to be sucking up some time and energy. My initial solution was a checkl...
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I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?