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Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
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Hello Folks,
I'm Looking to purchase my first Rental Property in Kankakee area. I had a Conversation with one Local property Management Company looks like i don't have much options.
1.asking me to have General ...
Hi guys! As someone who's grown up in the STL area, and now live in California.. I was curious on everyone's thoughts on STL as a market as a whole. I've done pretty well with some flips and rentals there but was curi...
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To start off, I have never invested in multi family before. I own 1 investment SFH that has worked very well for me. After listening to Grant Cardone, I am trying to think BIGGER. I have been doing some research and I...
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With present economy, my interest rate is now 8%, which is costing me 1,000 a month in interest. Some months I don’t make but interest only. It is my primary home, which I haven’t moved past this stage in investing, ...
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Hi everyone!
I live in California, and have been listening to the podcasts and absorbing every bit of education I can for the past few months and finally pulled the trigger last night and made an offer on a triplex i...
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Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
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Hello Biggerpockets colleagues,I am at a crossroad. As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to ...
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Ok, I know this question has been asked 500 times, 500 different ways, but it still seems clear as mud. Quite possibly the most confusing part of the business to me. What software should we use that has management cap...
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It seems that everyone has an opinion about whether to rent to people with pets. How effective is it to require additional monthly rent for a pet? Can anyone tell me if charging a pet deposit or additional monthly ...