Michael Reilman
Why Bigger is Better in Multifamily (and why sometimes is not)
Why Bigger is Better in Multifamily (and why it sometimes is not)
Have you ever heard that bigger is better in Multifamily? If you haven’t there are a bunch of “tiers” that point to that direction. Price reductions o...
Eli Kallison
Sent out direct mail for leads, what happens next?
I am new to direct mail, and I have always purchased with an agent through the mls. I just decided to start my first direct mail campaign (very small - about 350 sends). Now, I am realizing I don't really know what to...
John Williams
Strategy for my first RE investment during COVID
Hey all - I've been thinking about real estate investments for several months now and learning a lot from this forum. I'm interested in finding a SFH property to cash-flow. I'm too nervous to buy an out-of-state prope...
Scott Thompson
First property- budget/cushion for unexpected repairs?
Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...
Account Closed
Property Managers as bad as everybody is saying?
I'm fairly new to bigger pockets and would like to start investing soon after graduation. It seems to me a great way to get some initial experience would be to become a property manager for a small, local investment c...
Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
Mark W.
Tenant started a daycare business
It's come to my attention that one of my tenants has started a daycare business. I've looked into this and found out she became certified by the state earlier this year. So she's "legit"...however, my concern is lia...
Michinori Kaneko
ending lease term to put another tenant that pays more
Hi,i have tenants in a 3br apartment (three guys that shares). their lease doesn't end until 12/31, but one of them is getting engaged and wants to move out, along with the other two. The lease states if the lease is ...
Douglas Middleton
Good cash flow deal-but it’s a manufactured home! Advice needed
Hi BP friends, I need some adviceSo...here are the numbers on a 3/2 on 1.2 acres of land in a very pretty wooded area of Wake Forest NC, that I am evaluating to make an offer on as rental property. Purchase price $110...
Bao Nguyen
submit offer before due diligence?
hello everyone.I am about to make an offer on a duplex, and I asked the realtor for the rent roll, the credit and background checks on the current tenants, and list of expenses. I was on the phone asking A LOT of que...