Jennifer Whalen
How to best finance my first multifamily home Boston
Hi I am new to BP and REI and have questions about financing my first 3 Family home. Is it ever a good idea to Cash Buy a home I plan to fix up, rent out, and hold? Or does it make more sense to go with conventional f...
Rich Weese
What occupancy rate before rent increase is needed?
As many of you know, I bought 154 units in Garland TX. We've changed the marketing and now are down from 19 to 3 vacancies, or 2%. Any one have stats as to occupancy levels in Dallas area, and rates per square foot?...
Karen F.
Is 150% of rent reasonable for a 3 month lease?
A couple of traveling nurses contacted me, looking for a three month lease on a vacant unit I have advertised. I'm willing to consider it, because it will bring the unit into a more favorable time of year (late sprin...
JD Martin
Zillow to start charging on Feb. 3 - alternatives?
Hi all - Happy New year!Today I got a notice from Zillow that beginning February 3rd, each rental listing will cost $10 per week. Since Zillow also owns Trulia and Hotpads, I'm not sure how that will translate to thos...
Jonah Kubath
Rental properties w/ high HOA
I am researching to buy my first rental property. I am looking in the Washington DC area. Most of the houses / condos will be in the 500k range. When running mortgage calculators, the monthly cost would be:Mortgage...
Dee Xixi
Privately funded down payment
I have a coworker that have 40k in bank to buy his first home next year. The other day I was telling him about investing with me which he opens to. Therefore I am looking for advice on how to present him the investmen...
Casey Miles
Rental rate historical data?
Is there a source (website) where I can research rental rate data? I rarely raise rents in my units and usually wait until a vacancy occurs, research rental rates via craigslist, etc, and then rent for whatever the ma...
Marcus Robert
NEED ADVICE! MISCALCULATED ARV!
Hello: I am a relatively new investor having started buying "buy and hold" rentals in 2013. I currently have two 4-plexes. One is an solid cash flower, the other, not bad however I am dumping all cash flow from both...
Cody Kauzlarich
Finally closed on our first multi-family, check out our numbers
My wife and I closed on our first duplex today. I say finally because our offer was accepted about 6 weeks ago and closing ended up being pushed back an entire week due to an estate being dismantled and causing all th...
Jeffrey Giffin
What was your first deal?
What was your first buy/hold/rent deal? I am new to investing and I always wanted to buy a duplex but I wonder if buying a SFR would be a better property to start with. Wouldn't it be easier to find one good renter ...