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Hello BP,I'm a new investor, bought my first IP in November last year, bought another one in December, and my third one in February.Two of the three property managers have been good, emails or phone calls usually answ...
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I am putting together a package to present to private lenders for a 5 unit building. I am curious what cap rates are nationally for small multi family C class buildings.
I am using a 12% cap rate which I figu...
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I am interested in starting a property management company, mainly for our own rentals but have recently thought "well if I'm going to do it for myself, why not do it for other people too?" I actually really enjoy prop...
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Hello Bigger Pockets Community. I am currently working on moving into my first investment property, a 4-unit builiding with 3 currently occupied units each of which consist of 2 bedrooms. The current rents are easily ...
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We are in contract to purchase a 3 family in a "class C" area and it's in need of total rehab. The current heating situation is separate forced hot air duct runs to 1st and 2nd floor units, the 3rd floor is ducted off...
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Hello everyone,In the past four weeks, I have used two servers to give my tenant a Five Day Notice at the apartment and 3 workplaces without any result. My property manager thought it was abandoned and went to check ...
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Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...
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How many of you own a snake to resolve your own tenant plumbing issues? Is it easy to do? Also do you use it during inspections or turnovers as a preventative maintenance item to remove excess buildup?
Thanks for t...
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Hello, my name is Catherine Barnes. I have worked in the property management field for 17 years. I have managed single family homes, duplexes, triplexes, condos and apartments for property owners since beginning my ca...
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Hi everyone,I am new to bigger pockets and new to investing. I am looking to start investing in the Buffalo and Rochester areas but commercial, multifamily only. 8 units or more. I am curious to hear from other inve...