John Lubin
Shouldn't Prop Manager handle eviction?
My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...
Joseph Schmitt
Real estate investment strategy: Purchased home in Los Angeles 🏡
Hello Bigger Pocket! 🎉I would love some help and guidance! I purchased a home in Dec in Los Angeles specifically Woodland Hills Ca. This purchase was not originally an investment, but my new goal is to use this as my ...
John Matarazzo
Help on hiring a property manager
Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...
Michael Andrews
Help assessing a deal with the 1% rule
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
Joe Morello
South Florida Condos - Buying, Holding or Selling?
Hi Everyone,
With the current dynamics in the South Florida real estate market, I'm curious to hear your thoughts and strategies regarding condo investments.
On one hand, we are seeing rising monthly dues, special ...
Angela Schroeder
Newbie to real estate, wondering the process of estimating rehab
Hi! I am completely new to real estate investing and am looking to invest in a new property. Many in my area are really beat up, how do I go about finding out the estimated costs for budgeting purposes to see if it's ...
Chris Thomas
To Build Units or Buy Them?
Just as you’d expect, I’m looking to build properties (should the numbers work) instead of buying older buildings with questionable histories. The question here is, how many of you have done the same and how has it wo...
Ryan H.
When to cash-out refi?
In July of 2022, I purchased a SFH and obtained a 30-year fixed @ 6.75%. The property appraised for $30k more than the purchase price before improvements, and I then added a new roof, new AC, new carpet and flooring ...
Joseph Catalano
Thoughts on Utilities Included
I know what most of the advice will be but I am just curious. I am currently looking at two small apartment buildings, 6 units each, both include all utilities. The concept of including all utilities scares me becau...
Justin C.
My closing costs seem waaaay too high, thoughts?
Hi guys,I'm closing on my first property this Friday and just received the closing costs form. Purchase price $17500 in cash- $105 Title search- $100 city engineer fee- $500 attorney fee- $125 agreement papers- $75...