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We just purchased a 4-plex in the Minneapolis, MN suburbs. The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit. We have purchased this pro...
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Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
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Hi , I am new to real estate investing. I am drawn to turnkey for many of the reasons mentioned on this forum (spouse and I have full time jobs, kids, not interested in DIY). I have spent weeks reading many BP blog...
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Hello BP peeps!My husband and I closed on our first SFH in a B+ neighborhood at the end of June. After a couple of weekends of hard work to get it where we wanted, we listed the property on Zillow, Trulia, Hotpads, C...
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Hello,I'm new to BiggerPockets but have found it very educating thus far as I get started in the REI world. I'm a Los Angeles native looking to invest in out of state income properties, and hopefully, build a portfoli...
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How long do you guys think this downfall will start going back up? I plan to make my first investment in a year or two, just because I dont have money and im still in school.
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I have been working with a property management company in St. Louis to get the SFR we just bought rent ready. The process hasn't been perfect, but overall, they've done a good and relatively fast job of getting it rea...
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
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Hello All - I am wondering if any Landlords are aware of a more economical way for potential tenants to make application to several rental units, owned or managed by different entities, without having to pay multiple ...
Hey Everybody!I am looking into the possibility of getting into flipping. If successful build up my purchasing power and will probably consider a mix of fix and flip, brrr, and tax exchange in the long run.:) I moved...