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I have a husband and wife tenant who has been renting for us for over 6 years at the same rent. It is however time for a rent increase.I know they will not be happy, But rents in our area has skyrocketed and even thou...
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I am curious to know how those who are licensed agents handle the issue of wholesaling. I am a licensed agent and just starting out with wholesaling. Does anyone see a conflict in buying a property from someone at who...
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I am getting to the point where I have 7-10 properties in various stages at any given time. I have a project manager, but was wondering if it makes sense to essentially start my own in house construction/remodeling cr...
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I received a cold call from a RE agent last week asking if my family was still in the market to buy a primary residence. During the discussion I asked why she was calling me in this hot sellers market. Her resp...
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When calling FSBO'S, what does one say? Now don't get me wrong I certainly have an idea, but just checking to see if I'm on the right page?...get property info, and conversationally try to gauge motivation. Do you tel...
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Hello all, I spent the last hour or so typing up my screening criteria for anyone that will applying to be a prospective tenant for my rentals. I have great inherited tenants now (knock on wood), but I would like to ...
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I found this deal which is actually for 2 properties with a combined total of 125 units. This is priced at $2,800,000 . The listing says it has a cap rate of 12.84%. I divided the NOI by the derived cap rate(from the ...
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As I understand, Cuyahoga County is reassessing property values. Does that mean many of the people investing in the Cleveland area are about to have their cash flow reduced by a big chunk, or even wiped out? It sounds...
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Hi all, my wife and I are interested in purchasing a rental property in Aurora (just outside of Denver) and renting out each room individually. We already have rental properties in the area; all of which are rented as...
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Hello everyone,Its a pleasure to be here in Biggerpockets.com and need your guys' help. Im really new to this industry and just committed to making real estate my career and want to know the best way to get started. P...