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So I'm interviewing property mgmt companies and yesterday I talked to two new ones. While throwing questions at them, the second company said they typically only charge $300 for a security deposit (vs. the standard "...
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I recently spent some time catching up with an old friend via Zoom on our various business endeavors and how our careers since college have been going.I told him about my recent RE journey and shared my investing stra...
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I have a 4-unit property (all 2 BR, 1 BA), that I'll rent by the room. I'm catering primarily to Oil & Gas contractors (pipe-fitters, electricians, etc.), then to traveling nurses. Are there others that you'd re...
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Hello everyone, I am new to Bigger Pockets and investing in property. I am 27 with a full time job and currently "house hacking" my home. I purchased a home in Whittier CA about 4 years ago for 300k and its currently ...
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Hello BP,My wife and I are looking to purchase our first rental property, ideally a 2 unit multi-family somewhere in the midwest. We currently live in Minneapolis and have looked in other areas as well to invest such ...
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We're in the process of negotiating more favorable terms on large guidance lines of credit for spec projects in Austin, TX. I was hoping some of our experienced lenders or developers could share their wisdom with how...
Hello experts on the 1031 topic,I have searched many posts on this forum and have found lots of great info on 1031 exchanges. I have learned A TON, however I don't believe I found the right answer to my particular ...
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I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
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Hello Bigger PocketsI wanted to ask if anyone here has ever filed for breach of contract when a tenant breaks the lease without either due notice or paying out the duration of the lease and or penalty for same.I am co...
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I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...