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The last 3 weekends the traffic on the parkway from Sevierville through gatlinburg has been pretty much a ghost town on weekend evenings which ordinarily are jammed traffic. The last few years it was wall to wall this...
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I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
A recent BP blog article by Scott Trench had the phrase “. . . guys like us here on BiggerPockets . . . “ I commented about the gendered language, because if people don’t realize they’re doing it, it can never change....
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Has anyone ever heard of these guys? There is an old post about them about some work they did in Philly many years ago, but nothing recent. They are based in NJ. They apparently GUARANTEE 12% returns. I'm suspiciou...
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Let's face it - most of us are here because we want to make enough passive income to quit our day jobs. There's a TON of people here working towards that goal. I'm certainly not there yet, but love success stories, ...
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I met with my tenant regarding how we would move forward this year in my property. She began her tenancy with at 10/2016. In 2017 at renewal time, I sent her a notice letting her know that she'd be on a month to mont...
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So I've been painstakingly analyzing multi-family properties for over a year now. It's obviously difficult in this hot market to find anything worth giving a second look. The few properties that have seemed promising ...
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I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end. This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing...