LyNetta Hill
Something isn't right with this 4plex
Hey Everyone, So here's what I have:I'm in the St. Louis area and the property I'm looking at is a 4 unit 2 bed 1.5 bath townhome asking price is $599,900, I'm assuming because of the many repairs it listed such as ne...
Brandon M.
When to increase rents?
I am in the process of purchasing a small self-storage facility with existing tenants (no contracts), and everyone seems to pay different amounts for the same size units. Some have been there for 10+ years, and some d...
Chinmay J.
Financial Planner - To do or not to do...
So I recently got connected with a very good CPA in NoVA for my 2019 taxes, and she advised me that I need to see a financial planner. So far, I have been investing my money myself into stocks and bonds.
In my situa...
K S.
Becoming a private lender question
I lent money to a flipper in San Diego who claimed bankruptcy and fled to Canada. I then realized the lender made over a million dollars when he foreclosed on his property. I was wiped out as second lien holder which ...
Jason Schooley
question on owner finance property with rehab
Howdy folks,I have a FSBO who is interested in owner finance.ARV $135kasking $85kestimated repairs $30k owner owns the property free and clearI can brrrr this property, i already have funding lined up. The question i...
Jeff Russell
What To Offer On An 8-Plex
Hello. I don't know how much to offer on a multi-family property I am interested in. It is 32 years old and has 8 units, which are 1,218 sf. each. They are currently renting for $565. and the interiors are not too old...
Nessa Lyn
STR or Long Term Tenant? Pros and Cons for renting out our first home
Hello guys. So we have our first home that we are looking to rent out starting around the summer. Been going back and forth trying to decide if we should STR or rent out as a regular rental. Looking for some pros and ...
Joseph Fenner
How much should I spend on renovations on average?
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...
Maria Heins
Property Management Recommendations: Houston, TX
Hello BiggerPockets friends,
I am expanding my portfolio into the Houston market, looking for recommendations for great property managers. I just went under contract for an 8-unit apartment building in Texas City (n...
Justin Melton
Arrangement with Contractor
I had an acquaintance contractor approach me last year about loaning him money to fund his flips. He did several and I believe they were very profitable, he just didn’t have the cash to purchase these homes and to fu...