I purchased an apartment in the Chicago area near my university campus while I was studying back in 2006. Of course they gave a full-time student with no real income a mortgage with just 20% down payment back then. An...
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We purchased a single family home last year in Abilene, Texas (small town) and had a lot of problems with the builders and sub-contractors. So much so that I wrote a lengthy review of our experience and created a webs...
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Hello I currently have about 165k to purchase an investment property. The down payment will be around 45k and closing cost will be around 12k and Reno will be around 150 gut job to get a high arv. Should I use all my ...
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I'm on the cusp of hiring professional property management after years of DIY and building a small portfolio. I have a "day job" so my 16 units are starting to be a bit cumbersome at times. I found a company that seem...
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Hello Bigger Pockets! I'm hoping to invest in buy and hold properties in the Raleigh, NC area (specifically Cary). I've been spending a lot of time lately analyzing potential deals, and I'm wondering if I'm being too ...
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Little 1890 farm house as typical in the mid west.Purchase price 60,000 I funded it. Rehab 20k I funded it.My new client put 10k into the deal I require that when starting out with a new...
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I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs. One of my LTR tenants is a heavy marijuana smoker and the smell is invading my Airbnb. I have now received numerous ...
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In this market is it a good time to be doing the BRRRR method or refinancing in general?
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When you look at the potential of a multifamily property, you’re really looking at how much income or profit it is generating for its owners. What should you be evaluating to determine that? Start with all the basic p...
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Will we see cap rates increase materially over next few months? Could a property that is a 5 cap become an 8 cap?