Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...
Our property is in MI but we live in CA so it's hard to keep track of the tenant. We recently visited and discovered that they have been cultivating marijuana in the basement. They were growing and dispensing mariju...
I'm the proud owner of my first 2 family property that I recently closed on this month. It's fully rented with tenants in both units on month-to-month leases. I sent a termination letter to the upstairs tenant as I w...
I had an interesting exchange with another local investor that led me to explore some property in the areas immediately surrounding the several high-end universities in our city. Apart from the challenges of owning r...
Thank you all for taking the time to read this post. I am new to real estate and am starting to search for deals. I am in the NYC area and am curious what you might suggest...Option 1 - purchase a 2-3 family rental pr...
Hi All, I felt like being defeated and have no idea how can I make it work. I talked to multiple local banks who told me that base on my loan to debt ratio, I am only qualified for the loan amount of 100k . I am in th...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
Hello All, I am Naveen 32 years old from New Jersey and I am looking to invest in college towns in midwest. This is my first investment and planning to invest in multiple properties over the next 5 years get financia...
Hi, I am new to Bigger Pockets and would love to hear your opinion.
My partner and I would like to buy our first property for house-hacking in Canada to start our journey in real estate.
We have been researching ma...
I'm new-ish to REI, with one single family home purchased last spring so far. That has gone very well, and we are looking at stepping up the game to a Multi Family. The one I have my eye on is 6 units (two triplexes n...