Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the...
My short term goals:
get a mortgage and buy at least a 3/2 house to rent w/a positive cash flow.
Move into it, and either rent or sell my residence. This new house may or may not be _my_ house for the rest of my life....
Hello BP,I'm back with another question. I have a 'semi' motivated seller. I do not know what kind of deal to do in my situation. Here is the breakdown of things.Sale Price: $213,506 (She's going to sell to me for ex...
We are inheriting a tent at who smokes in their unit. And it reeks of smoke. She is a great tent at and has lived there for 10 years. How do you handle the smoke damage and to the unit when/if she moves out? Do we cha...
AirBnB just released their new cleaning protocol standard and are trying to get hosts to commit to it. How many are going to opt in and get the badge on their listing? I'm not sure if you have to block a day between b...
I'm a very new landlord dealing with my first tenants, in my first ever rental property (Washington State, Snohomish County), and really need some advice/guidance.Background: I have a large 3-bdrm condo that is being ...
Hello everyone,I'm here in South Orange County, California (Lake Forest/Irvine area). Learned about BiggerPockets like many others have...through the podcasts. I'm very new to the Real Estate field and I'm in the "edu...
I am in need of some professional advice on where to take my business for the upcoming years, and of course this is the best place to do it!I will list my questions first and see if that helps: Should I move brokerage...