David Turner
Just closed on 32 unit apartment
Hey everyone. Just wanted to share my success. It is a 32 unit apartment located in Dallas. It was built in 1983 and features 14 one bedrooms and 18 two bedrooms. The kicker about this property is that each apa...
Leon Green
Property Management Fees: Conflict of interest?
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
Serena Tillman
Best Housing Market - Out of State Rentals
Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...
Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Shawn Ziegaus
Why do a lot of people say stay away from property managers
I am new to real estate investing. So please forgive any wording that is incorrect in this post. But, a lot of people I have talked to say to stay away from property managers and mange the properties yourself. Yet on ...
Jay Hinrichs
Today I paid a 100,000.00 Assignment fee !!!
AS all you know I am not all that keen on newbies thinking the road to real estate rich's is paved through wholesaling. And today I just paid a 100,000. assignment fee.. can't think of any bigger at least that I knew...
Nick B.
50% of the house for sale! What's there for an investor?
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Kiran Alisam
Turn Key Investments
Hi we are on verge of closing our #1 Turnkey rental in Maple heights Cleveland Area, Price: 56900, Area: 1160 Sq ft, 3 bed 1 bath, Rent 850 to 900 per month, Management Fees: 10 percent , Taxes: 500, Insurance: 600So ...
Dolce Deodato
Bildwise Indianapolis - Bildwise or Bildworst?
My independent review of Bildwise Indianapolis. To start my selection process, I had done a review and followed some of the posts of the staff of Bildwise. I interviewed them as well as some other contractors before...
Syed Naqvi
Best cities to buy multifamily building for buy-and-hold purpose.
I am planning to buy a multifamily building/complex of around 4 to 25 units with in next few months. So far I have a few Single family and townhouses and have a good experience of managing them. Any advice on BEST CIT...