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Hello BP. I have a conversation going with a seller who has multiple rentals. I made him an offer on one that would work for both of us. He didn't balk at the price but told me tonight after a conversation with his a...
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I am still struggling to get my first deal done. I am wondering about the market in Woonsocket. I see all the multi-families ( foreclosed) for sale( 80k-100k), however when ever I try to pull comparison they are all g...
Hi All, I'm curious to get members opinions on how much of your net worth is OK to have tied up in real estate? I recently completed my second deal which put a large amount of my net worth into the 2 properties I own...
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Hey guys,Looking for some insights on what is involved with combining two units in a property. Currently we are interested in a 3-unit property that requires an external fire escape to be built in order to make it cod...
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First time investor here. Been listening to podcasts and running numbers on potential "deals". I feel confident in my ability to crunch the numbers if I have accurate inputs, but less confident in my ability to esti...
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If someone were to have 50 or more units to keep track of I imagines it would be a pain organizing everything as far as Wich tenant owes what and did they pay on time and considering some pay online some pay by check....
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Endicott.
Purchase price: $175,000
Cash invested: $50,312
6 Apartments
3 Store fronts
Fully Rented and Property Managed
Fir...
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Due to interest rates, refinancing is more expensive, so often times more (or most) of your own money needs to be left in the deal in order to make rental income make sense, which ultimately slows down your ability to...
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Hello fellow Big Pocketers,
I’m wondering if charging a late rent payment fee is legally permitted in the State of Texas (Austin) and how much to charge. A percentage of the rent, a flat fee, how much?
Thanks in a...
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Whether you are a real estate professional, investor or hobbyist, the value of a good lender can not be overstated. I've been in or around real estate since 2004, when I began as so many other naive, greedy and short ...