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I know the BRRRR method is the buzzword these days on BP and for good reason! It's the best way (that I know of) to buy and hold real estate. In my experience with the couple I've done previously, there are different ...
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Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
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Please provide your best strategy for selling turnkey properties. I'm rethinking my 2014 approach. Thx1. What Cap rates?2. Do you guarantee rents for 4-6 months?3. Do you offer repair warranty?4. Should property...
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Hi, Steve here. I am very new and right now in the obvious learning phase. I really want a local mentor here in Grand Rapids Mi. I have sent out emails offering to clean vacancies, answer phones, run errands, take ph...
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The Basics: Upper/Lower duplex in Wausau, Wisconsin. 1910 square feet, lower is 3 bed/1 bath, upper is 2 bed/1 bath. Built in 1900. Lower is currently rented for $550/month, upper is vacant. Neighborhood is borderline...
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Hi I'm trying to determine if properties in NYC are worth investing in based on total ROI and not sure if my calculations are correct.
If a property doesn't cash flow because housing is too expensive relative to ren...
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My CPA is telling me that I cannot use the sum of all my rental properties losses grouped together as one large loss to offset capital gains of the sale of 2 of those properties. He is saying that I can on only use th...
Hello, I am fairly new to real estate and am just starting out. I have been following bigger pockets for a long time but this is my first post. I'm excited to jump in the action. My situation is that I own a duplex th...
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Hello! I wish to buy to rent with min rehab. I selected a few markets, but now I wonder what is more lucrative to purchase? Where do I find the stats/analytics to compare if it would be more profitable to buy storage ...
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Hi All! I have recently purchased a house with tenants. The lease ends in September. However, the closing went pretty fast and I completely forgot to ask the previous owner about the condition of the house. We have pu...