Hi there! This is my first post but long time listener to the podcast. My wife and I are having a hard time deciding on whether to sell our home and take a massive tax hit. Or keep it and cashflow it. It is a single ...
Hi all! I'm buying a hotel and decided to document my entire experience here for posterity, from finding a deal to financing and owner-operating the place. This post will be an "intro" to what put us on to hoteling an...
Hello BP Community!
My name is Adrien and I can't express how grateful I am for this community. I can't imagine a time where I am not able to access information as easy as Bigger Pockets make it seem. I've graduated ...
I am in the beginning stages of my first investment property. I am currently going through the planning of a garage conversion ADU. I live in the primary residence which is a 2 bedroom 1 bath 1000sqft. I have a HELOC ...
The wife and I had been trying to move from Tulsa Ok to Springfield Mo . We have family in the area and wanted to be closer to them. We had two rentals in Tulsa and good jobs but no prospects for work in Springfield. ...
How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP
So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
Hello, I am looking for some wisdom and maybe you would like to contribute. If I have never done a flip or a BRRR why should I? Why should I just not give my 50k - 100k to a multi family syndicator with a track record...
I am trying to find solutions to the high cost of water and sewer relative to the rent income and other costs of ownership. My questions are:
1.) How can we reduce tenant water consumption in a 2 family property... ...
Hello all, I am curious if the market is slowing down or is it just a bad time of the year to market a home near the Denver area? I recently had marginal tenants move out of my Lakewood home and have spent just over a...