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Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...
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Hello BP,I’m looking for some ideas on how I might be able to make my primary residence bring in some income. Housing is our biggest cost, and we love the place and worked hard to build it up from a vacant lot 1.5 yea...
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Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
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I live in SW Florida where I owe $335,000 for a house surrounded by homes forecloure specialists are enjoying profits from selling at $125,000 (in much better condition than mine), and at least another thousand brand ...
There is no doubt in anybody's mind that 2020 has been one heck of a year so far. I'll be the first to admit I don't think it is done messing with us just yet. Through everything that has been happening, lock-downs, e...
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I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...
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For those of you who just can't get enough of the awesome content that we try to provide you with via the website and our other channels, we've got a great new way to soak up the knowledge!
Announcing the BiggerPocke...
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Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it als...
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Hello,Should I accept tenant with 1 cat if we advertise "No Pets". We have have new tenants in other units without pets. The tenant is great candidate except that she is willing to stay 6 month instead of 12 month. So...
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Has anyone else noticed an increase in properties that were previously used as an STR for sale? (often times with the furniture included)Normally I'd default to inflation and subsequent market uncertainty. And that ma...