Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...

I am interested in hearing from property managers & landlords nationwide, but really interested to hear from Memphis managers and landlords.  Do you successful enforce tenants to pay maintenance under $150?  For t...

Hello BiggerPockets Users,I am looking for advice on how to best convince my local zoning commission to accept our proposal for a rezoning from residential to commercial (for apartments).Background: My business partne...

Hello BP,I am going to do this thread as a thank you to all the help I have recieved from others on this site, and I am hoping it will help others to see me go through this process.Intitial closing and lessons learned...

Hello BP,

My name is Eric and I am from St. Louis, MO. I have been lurking on BP for about 3 months now and wanted to share my story.

Graduated college a year ago and found myself working crappy j...

We just closed this past week on two duplexes in Eustis, FL. These are our first multi-family properties, so we're pretty excited. We bought them from Fannie Mae through HomePath, which a great story in itself. They w...

What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...

Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.