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Out of curiosity, I decided tonight to search the "stats" of a local Realtor b/c I wondered how her list price stacks up against the final sales price. By way of a brief background, another investor has brought m...
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Hi all,
New member here from the Metro Detroit area! I’m currently working as an engineer but was thinking about going back to school for a masters degree in finance. I know it’s not necessary, but could it actually ...
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I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
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I have a rental that is out of the area. We had to evict some non-paying tenants sometime back and the property manager told me that they had more dogs and cats that I feel comfortable mentioning in an open forum. We ...
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A Happy New Year to the BiggerPockets Community!While I wait with baited breath for Brian Burke's annual market analysis for the coming year...(His 2016 analysis: Best markets to buy multifamily in 2016: A round-table...
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I'm always looking for good ideas. How do you tell a tenant their tenancy is coming to an end when they are in self denial about the gravity of the situation? Here are some things I've done to send the message "it's o...
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Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
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Hello,I am in the process of setting up to conduct business in North Carolina (specifically in Raleigh and the Triangle area). As far as I have discerned, the area I am interested in has a high emphasis on knowledge ...
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Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
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I have owned 2 duplexes for 4 years. I thought I had done my research...read guru type books. I didn't come across sites like this until a couple years ago. Neither property meets the 2% rule. They have positive cash ...