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For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
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I just noticed this 32-unit property in Fayetteville, NC listed on the Triangle MLS a few days ago. This scale property doesn't get listed in our MLS too frequently, so I'm naturally excited to see if it's much of a d...
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Our tenant, without permission, painted original shellac woodwork in her apartment. We are restorers and this was original untouched woodwork in a 90 year old house.We are of course furious; she is non repentant but w...
what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
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Hi,We are a couple with no kids and single income in the Bay area. We moved here 4 years ago and still renting.We have saved upto 260K in cash and have liquid stocks upto 500k. I was checking for some feedback on area...
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This is the first book that comes to mind, so I thought I'd kick this area off. Have you guys read it? What are your thoughts?
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My new tenants on one of my properties signed a lease a couple weeks ago with a move in date of July 1st. When they saw the house my previous tenants were still in the process of moving out. New tenants signed the l...
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Hi BP members,
First post here, been doing a lot of research and ready to find property and pull trigger. Thing I’m struggling with is they say start in your backyard and you’ll have an advantage. I live in Brooklyn ...
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I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
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Well, it happened. Happy I didn't sound too awkward, lol. Check it out! Episode 239 - Listen Here "Many people dream of achieving financial freedom, but how many actually get there? Today on The BiggerPockets Podcast,...