Hey bigger pockets! I have a few questions for some of you more experienced veterans who have bought Quadplexes in the past. I found a fourplex in a neighboring town with a good chance for positive cash flow. I did so...
I have seen a number of post where members would like to undrstand why & how the BRRRR Strategy works. Below, I attempt to walk through the logic of How & Why (this is my approach - keep in mind with math you...
Hi, hope everyone is well. I use a standard Texas TREC lease. Tenants say they are leaving within 90 days of July. They have 11 months left on the lease. What are my next steps in terms of compensation?Should I get ...
I was wondering if we could start a topic about rehabbing small multifamily building 2-10 units.
maybe starting with what to look for and good ways to get started.
Today I was thinking about my direct mail results for the past 9 months:14,000 pieces mailed = 1 dealI've been mailing to absentee owners. They seem to fall into one of several categories.(1) Snowbirds (because I'm in...
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
For some of you who have followed my previous posts and have reached out to me, you’ll know that I made a decision a few years ago during the height of the pandemic to change strategies from house flipping with invest...
Would you buy a 2-4 unit property that needs 85% increase in rent to match market rate and purchase price?
I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent...