If you raise the rent every year, do you always need to fix something small on the property to justify you raising the rent or every other year you dont have to improve something and just tell tenant raising rent for ...
Hello All! This is my first post on bigger pockets. I was wondering if I could get some feedback from seasoned MHP investors on the following potential deal:21 Owner Occupied Lots @ $225-$235 5 Rentals Units @ $295-...
Hey All,
A bit of a newbie here, but I came across a multifamily deal where the current investor is upside down in the mortgage. He purchased the property in 2004 for $95,000 and currently owes roughly $65,000. From ...
Hi BP Community,
Inspired by seeing other people’s posts on their success, I figured I would do a post as well and write a summary report on it.
Background:
I live in California and own out-of-state rental propert...
I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
Hi all! I've been reading up on BiggerPockets and I'm very interested in investing in real estate, specifically within the Denver area. My goal is buy/hold/cashflow to eventually be able to REI full-time. My plan i...
I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
Hello,
I was reading through David Lindahl's Multi Family Millions and was curious about a particular point he made as it relates to my situation.
The fact is, is that I have ZERO experience in multi families, and...
Could someone tell me if I need 2 pieces of paper to do a lease option without taking the property subject to. I don't want to do a subject to, I want to lock the property up under lease option and then assign it to...
I was recently contacted (twice in one day) by company claiming to have looked up my homes for sale on CL and wanted to discuss the terms.
Turns out they are a company called Z-Buyers, they want to have me sh...