I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
Good evening BP,I currently rent out and manage one property. My tenants are due to move out on May 1, 2016. They did their part of informing me with written notice (they are military and fell on orders to move) and w...
As most of us investors are seeing, motivated sellers have gone by the wayside with multimillion dollar developments left & right in Atlanta. I've sent out mailers to 5,000 people in the last 2 months and gotten 0...
BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
The world is changing... here at BP, that is. Several weeks ago I posted an article about Why YOU Should Organize a Local BiggerPockets Real Estate Meetup and it was a big success- meetups are beginning to spring...
I have a few single family rentals I'm considering selling in the Denver, CO area within the next year. I'd love to be able to do a 1031 exchange to buy a condo with a view of the ocean, someplace affordable, such as...
I have been reading these forums and there is a ton of great info. I'm researching buying a SFH pool home in Windsor Hills or nearby. Looking at 4-5 bedrooms and would like to stay under $350k. It seems that most on h...
Just curious about the folks that invest in Illinois properties. I'm from CA and have been investing in Nashville SFHs, but would like to start invest in the Chicago area, since I have roots there and many connections...
As everyone knows it costs a lot to turn a unit between residents. Therefore it is recommended you do everything possible to retain the better tenants. Do you have some specific items in place to retain these tenants?...
Hi Guys,I wanted the advice of some other landlords on collecting fees/damages from deadbeat tenants that you have kicked out?I recently served a 3-day move-out notice to a tenant, luckily they left and I didn't need ...