Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
I’m new to investment and looking for tips to start search for investment properties
Heard it more than once in podcasts that a good rule of thumb is getting a property rented out for 2% of the purchase price. Question: which market is this applicable? Is this only on certain states and expensive prop...
Hi everyone, I'm hugely impressed with the quality of information I've found here so far, so I wanted to say hi and introduce myself. My name is Max, and I'm a San Francisco native. I'm in my late 20's and a Mechanica...
My lease includes an automatic increase of 3% every year. Do you include a standard rent increase in your lease or do you play it by ear every year?
Hello Everyone,This is my first time posting. I wanted to feel out this whole BiggerPockets group so I’ve been stalking all of you silently lol. With that being said, I figured there’s no time better than now to ask f...
In Rich Dad, Poor Dad it says: the people who hurry to catch the wave late usually are the ones wiped out. I wonder if that pertains to starting real estate investing right now. Maybe I wonder because I haven't starte...
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Everyone loves to talk about the markets that seeing crazy appreciation - the Boise's and Spokane's of the world - but what about the markets that are lagging the rest?
The data below highlights 15 large markets wit...