Erin Hong
Does a 40% Down Payment Ever Make Sense?
Hello everyone! My husband and I are investors and have 3 doors in Los Angeles - all LTR. We're interested in STRs, but given the current interest rates are nervous about having to keep an STR afloat if/when the prope...
Joshua Watts
Storage facility purchase
Investment Info:
commercial investment investment in Tullahoma.
Purchase price: $3,861,000
Cash invested: $1
Purchased 940 unit self storage facility.
What made you interested in investing ...
Doug Utberg
What will trigger the next recession?
Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
Phineas Howie
How Good is Zillow's "Zestimate" of Home Value
While using the site Zillow to browse for multi family investment properties I have noticed what they call their "Zestimate." (their estimation of the home's value) I would like to know how useful other investors hav...
Vitaliy Merkulov
Require applicant to give access to their social media accounts?
When screening tenants, in addition to running a credit report, checking landlord references, and checking bad tenant databases I also try to check the applicant's social media accounts. Some people have their account...
Dashon Jones
How I use creative financing to get my first 6 units.
Lately I've been going to more real estate meet ups in my local area, and I'v notice a shift change in my presence. When I first started going before I did any deals, I was always the guy asking questions, trying to p...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Joshua Dorkin
Ultimate Guide to Tenant Screening & Renting Your House
We just completed one of the more important guides for landlords and I thought it important that we make it visible here on the forums. These are both MUST-READS!
Tenant Screening: The Ultimate Guide
At over 5,000+ ...
Eugene Lavatman
Fastest AND cheapest ways to accept payments from tenants
Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. We can receive the payment INSTANTLY and F...
Maria De La Vega
Rent increase/tenant has been for two years with same rent amount
Hi all,
I have two tenants in my 3B/3B property. One of the tenant has been there for 2 years with the same rent amount since he moved in we have a month to month lease. When is recomendé to increase the rent and how...