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Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
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I should probably wait to post until I'm settled a little bit, but I'm fairly anxious at this point. I have been a landlord for almost three months. My wife and I bought the other half of the twinhome we had been livi...
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Would you spend $15K on renovations to get a $305/mo. increase in rent?Let's assume that the renovations will cost $15K exactly and the rent increase is accurate.I have two condos on Oahu, Hawaii that have been produc...
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Hey BP community!So my tenant is backing out of their 2 year lease, and they've only been there 3 months. The reason for leaving is "getting married and moving in with new spouse". My cash investor owns the home, and ...
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Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
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Good morning Bigger Pockets!
My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...
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Hi BiggerpocketsI have been running multifamily sale price reports for cities North of Boston for the years between 2004 and 2015.I almost every city I look at, the 2015 median sale price is back to the median sale pr...
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I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...
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My wife and I are 25 and are looking to retire in 10 years through long term rentals. We live in the Phoenix area and have 1 rental currently that cashflows $500/month. What suggestions do you have to build enough ca...