Hello all. My significant other and I are newbie investors. Over the last 2 years we've flipped a couple houses and managed to save enough to purchase our first rental with cash. Each of us has about half in our own a...

Hi everyone,
I am very new in this real estate investing and have few questions in regards to the property management fees and need BiggerPockets community to guide me through this investing journey.
Since I'm a beg...

Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees. They are also smokers and their unit is horrid. They are month to month. What are common practices to remove...

I have a deal I'm interested in and would like to know more about it but the broker specifically says "there can be no showings until a contract is executed" what exactly does that mean? I understand I have to submit ...

I have been looking around in the lms and have found that most hoa fees include insurance. My confusion is should an additional  insurance amount be taken into account when calculating expenses or the insurance provid...

My daughter and I bought a house together in 2018. Purchase price $240k. $ from my line credit from my house. It’s 50/50 Ownership. She borrowed $120k from me and made her to pay interest and principal until she does ...

Hey guys I have a tenant (inherited) in Rochester that hasn't paid rent since I bought the property in January.  She is on a month to month lease. Can I legally change it to shared apartment with her still there. Prio...

From what I know cap rate is calculated as NOI/Value of Asset (Down payment+amount financed). While the cap rate seems like an OK calculation,  it does not include the part you pay for financing so it is possible to h...

When submitting an LOI for a small multifamily property, should I use a lawyer to draft a template to use?  Or is there a standard LOI most investors use?  If so, would anyone be willing to share an example?
Thanks i...

I am looking to buy distressed multifamily deals all cash. My method of finding these deals are mailers and MLS. However, i do not know what a common cap rate or cash-on-cash return is for off market deals. I am looki...