Account Closed
First-time Investor: Out of State (unseen)
Hi BP community,
I have been looking at properties within the $20,000-$30,000 range in Cleveland to do a flip. Alternatively, to rehab then STR or MTR. I prefer a flip first to make $ to do my first buy and hold. I ...
Grant Lovell
A/C is old and broken, but about to sell house
Hello,I have a house where the A/C has gone bad. The unit is also almost 20 years old. I have a quote to fix it for $3,500. I am also planning on selling the house later this year. Do you think it is worth it to go ah...
Soniel Estime
1st Bad Deal Gone Good
Hello Everyone,
I had a few people request an update on my progress with my first RE investment. For those who don’t know, of my past struggles, I’ll provide a not so quick recap.
On October 2018 I closed on my fi...
Craig S.
Best way to estimate operating expenses on a rental?
I am looking very closely at my first deal on a duplex (owner occupied for 1 year). I have been looking at several duplexes and am trying to make sure I have all my numbers in a row.
What is the best way to ACCURATEL...
Jay Y.
Property manager charging tenants a lease renewal fee
Hello all,So I found out my property manager is charging my tenants a $200 lease renewal fee for renewing a year long lease. They are charging me $150 which I'm fine with but it did kind of catch me off guard that th...
Sara Smith
Feel like my agent is representing the seller not me as a buyer
Hello BiggerPockets, I needed to just let this out and ask for an advise. I am a first home buyer. I am under Due Dilligence currently on a renovated townhome. My realtor suggested I should offer 10k on top of apprai...
Tyler J.
How do you find cash flowing properties?
Ive spent countless hours looking and doing a quick analysis on atleast 100 properties on Zillow all over the USA (Mainly 4-plex's) and they are all negative cashflow with a mortgage, sometimes negative with 20% down,...
Dennis Nemitz
Raise rent one apartment at a time.
I am looking at buying a tri-plex. The current rent is from 1998, can I raise the rent on one apartment at a time? All the apartments smell bad and are dirty. I will have to paint and replace carpets and I do not want...
Paul B.
Is now really the time to buy real estate?
I was talking to a friend about how I think now is a great time to pick up some SFHs and small MFs on the cheap (we're talking about an average of $40K per door), and holding them for current cash flow (rents of 1.5% ...
Patrick Henshaw
AC not capable of adequately cooling
Hi Team - small caveat : This is not actually about a rental property I own rather I am a tenant ( and on BP looking to get into real estate investing for myself and be the Landlord I would want to do business with:) ...