When people buy rehab and refinance a partially occupied MFH, do you refinance immediately after you rehab the exterior and the vacant units and rent it out? Or do you rehab all units, vacant or occupied (when their l...
I currently rent in Minneapolis with hopes of moving to Wisconsin in the near-future. I am looking for investment opportunities in general, but am considering househacking a small multi-family when my lease is up this...
Hello, everyone. I have a newbie question about reserve funds. Let's say I have a number of rental properties, each with income, actual expenses, and reserve funds for capex or vacancy.1) Do you have separate bank acc...
Hi BP-ers,I have a 4 unit apartment in the San Jose area that has 3 lawns. I am tired of the maintenance of it and the constant sprinkler issues to repair, not to mention the water bill in our drought afficted area. ...
I am looking for some advice/possible ideas I did not think of for my current situation. I found the Biggerpockets website earlier this year, and since then have completed my first deal (aside from the purchase of ou...
Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...
I was reading a post on Facebook about terms in a lease. There were a lot of comments about raising the rent on every renewed lease. My question is if your taxes didn't go up nor your insurance and there was no other ...
I am going to buy a house and currently plan on paying the downpayment with cash.
What I would like to do is after closing, take a cash advance from one of my credit cards to reimburse myself for the downpayment. Th...
I have a few strategies I've been thinking about but want to know what other people have done in Northern Virginia and what else is possible. Here are a few options below that I've been thinking about:1. House hacking...
When determining the value of a 3-4 unit property, which is more useful- the Gross Rent Multiplier or the Capitalization Rate? What do you guys prefer? Why? I'm looking at listings to practice "running the numbers" ah...