hello everyone my question is, how does the 1% rule work on multi family properties. I live in western Massachusetts and I'm buying my first multi property and will be house hacking at the same time.Rent for a 2-3 bed...

Few questions for the landlords in hereif a prospective tenant wants o see the property, do you show them then screen or do you screen and if all is OK then show the property ?Also what do you guys do then there is 3-...

I'm trying to find a good program/app to manage collecting residential rents. I have only 3 doors now but I'm getting more soon.Some one mentioned REI Hub so I'm looking for some user reviews and other suggestions tha...

Hey guys I am a newbie to get this out there . I found a multi family unit , it’s located right beside a nice college . It’s 9 units , Needs no repairs , Its 100% rented out which means no vacancys
Total gross rent i...

Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...

I am taking the time to share a recent experience I had with a potential lender I connected to via Bigger Pockets. This is the first time I’m looking for this sort of loan (this is only my 2nd rental property). These ...

Hi all,How do you normally handle tenant payments that are made to the previous owner after closing and before you can notify them of ownership change and new payment instructions? We asked the seller to notify the te...

If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders?  In other words, does owning an unencumbered cash-flowing RE...

Hello, I need a recommendation on a good multi family Mortgage Broker. Ive worked with many residential lenders over the years, for my clients and myself but none of them are connected in the commercial side of RE.I’m...

I have recently been given the opportunity by my father-in-law to manage a rental property. He is having trouble selling the property and wants to have his mortgage payment paid for, anything above and beyond his pay...