I am actively seeking my first multifamily deal in the Hampton Roads, VA area. Am I off base for trying to get $150/door net cash flow on a quad that rents 700/month? That tends to put me at 80-85% of most asking pric...
Hello, I'm just starting out and looking to buy my first property. One of the things I haven't found an answer to is, should I maintain an "oh shit" fund? Meaning a fund to cover any unexpected cost that may arise a...
I learned a valuable lesson recently - trust but verify.
But first, the question:
I have a 9-unit building in Millvale (Pittsburgh), PA. It has 3 separate addresses, each of which has a master water meter. Sewer and ...
Why don't lenders count rental income for loan purposes for first 2 years when you may be paying taxes on this? Are there any exceptions?
A friend is looking to purchase a 5 unit or more apartment complex in Arizona or Phoenix. I know in California anything over 4 units is considered commercial property. Does this rule still apply in AZ, NV and other s...
Hi All - my wife and I are long time BiggerPockets podcast listeners and are getting ready to take our next step in investing. Here's our situation:1. We own a very profitable vacation home (that we love and want to k...
Hello BP People of the world,My name is Johnny. I am one of those "Realtors"... you know the ones that don't invest yet help others that do. Recently I have discovered that the biggest reason I never pulled the trigge...
Anyone in the Des Moines Iowa area using Auction.com? Any help with the process would be greatly appreciated.
I own and manage a 33 unit building. I am planning to raise the rent. What incentive do you give to have residents sign another 12 month lease instead of switching to month to month? The last time I raised the rent...
As the title suggests, I'm a newbie: late 20's with a family and a SFH that was once my residence but now being rented. I'm in the early "learn-absorb-network" stage of investing, scouting a first real deal. I'm looki...