The monthly rent is about $600 per unit, with potential to increase to $650 in the next year.Each unit is $54,900, but I plan on buying 2 units for a total of $109,800. Thus the monthly rent would be $1,200 with the ...
Hi, Do you guys see a difference in your first year revenue compared to later years? I bought a four family last year. It was a short sale. With 2 none players an a lot of deferred maintenance , I didn't do as well...
Hello bigger pockets,Need suggestion to successfully implement brrrr method. We have a residential property which we own for more than 4 years and the loan is completely paid off. Now we are moving to a second residen...
Can you guys help me analyze this deal? It's a new western acquisition deal in San Antonio. Basically, the hard money loan fees (8.9% for first two months, 2.5 pts, ~$1k in fees) plus the 20% down payment puts me in t...
What sites do you guys use to list your commercial space rentals? Please help and TIA!
Hey BP Members, I am currently in the process of renting on of my properties. I am looking for companies that does background checks for tenants. What is the best way to do this?Most tenants do want to spend $30 to $...
I purchased a property a year ago from a family member that was renting their townhouse. The townhouse was sold to me below market value with no realtor fees. The house also came with steady tenants already renting fo...
Hello BP!
My wife and I are planning on renting the downstairs portion of our house to start our investment journey. To do this we're going to add an additional room and a kitchen area to make it a 2 bed/1 bath. The ...
My family's owned a mix use building in San Mateo, CA for close to 40 years now and we have a potential commercial tenant looking to fill our last vacancy. Now these tenants are trying to negotiate property tax and in...
Hi there - Planning to start my first investment property. JC/Hoboken, 1B or 2B condo is my primary choice being closer to where I live so easy property management. However, the cap rate is relatively low.
Wondering...