Min Kim
cap rate and cash on cash return
Hello,I currently have my primary home rented out due to moving. I think the home is doing great, but maybe it’s not? I ran the numbers on it just to see how it would’ve looked as if I was looking to purchase the home...
Christopher B.
How much renovation to do?
We just purchased our first rental property, a 4-unit, all 1bed/1bath, coin laundry in basement, and 4 car garage in the rear. I would put it between a B and C class. It's working class, and OK Public Schools. Cr...
William Manning
A bad plan is better than no plan at all
Blueprint, strategy, map, sketch, plan, or whatever.
Hey, it sucks being lost. What's even worse is having a ton of options, directions, opinions (this one too) that someone can meander and stumble through. I'm new....
Lauren L.
First Ever Deal Accepted (4/5 Unit) and I’m freaking out!
So the first offer I ever made on a rental property has been accepted and I am feeling all sorts of emotions. I hope to replace my W-2 income with a combination on multi-family properties and vacation rentals. This is...
Melissa N.
Taking Over 12 Unit with Under Market Rent and Pets
Hello all, We are purchasing a 12 unit property. Each unit is about $100 under market. Also, the seller allows pets but charges no fees at all. This has turned the place into a "pet motel" (some having 4 pets in a 2 b...
Andrew Benefield
New to Bigger Pockets - Unique Situation/Help Appreciated!
Hello Everyone,(This may be rather long but I appreciate your time reading and certainly your advice)I am new to the BP world and loving it. I have been a Dave Ramsey fan for a while, listening to him on and off while...
Christopher Veljkovic
First time LANDLORD in NJ needs a little guidance
I am purchasing a duplex as a first time landlord in northern NJ. I will be house hacking however the other unit will be vacant upon purchase. I would like to be prepared from the first day of purchase so here are my ...
Jacob Parrett
Getting money together to get to rentals
Hello everyone just looking for some advice to get to enough to start buying rentals I have about 1k currently is there anyways to turn that into more money
Cian R.
Financing a Renovation
I’m looking for creative, low cost, ways to finance a renovation. Fortunately I purchased my four-family property all cash, but now I’ve very little left over for the renovation. I was considering the below strategy a...
Shawn Mcenteer
Mold issue
Hello,
I am looking to purchase a home that has tremendous mold damage in the basement. The basement is finished but took about 2 inches of water during hurricane Irene a year and a half ago. My questions are1) how...