Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...
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Hi, fellow STR investors and managersA friend reached out and asked me to help manage her 20 STRs recently. A third of the portfolio are 2 hours away. I am currently managing 8 of mine myself and can handle them ok. B...
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Hi,Has anyone used "Evolve" as their property manager for their rental (STR, MTR, LTR) property? Their rates appear to be very competitive - 10% - and wondered if there was a reason why it's so much lower, specificall...
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I own a five-plex in Albany that I bought at a good price with cash two years. Other than a broken pipe and damage last winter and contractor issues, it's a good property. I expect the whole rehab to be done in Sept...
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Here in Washington County, Utah, 4 hours south of Salt Lake City, 2 hours North of Las Vegas, we have plenty of investors who are trying to decide whether to purchase a Long Term or a Short-Term rental (vacation renta...
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Nice mixed use property came up for sale practically in my back yard in rural, south of Pittsburgh, Pennsylvania. 10 residential apartments + 3 commercial spaces. They are asking 950K.Gross rents: 100,800Utilities: ...
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One of our notes in Florida just went up for auction for a 5th time and once again it needs to be rescheduled.
This has to be some kind of record?
Every time this happens, we have to see the judge and waste another ...
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Hello! Our current property management company uses appfolio so all our tenants are on appfolio. We are thinking about self managing. How hard is it for us to purchase appfolio ourselves and export all information fro...
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Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...