Last September, one of the original institutional investors in the housing-to-rent strategy, multi-billion hedge fund Och-Ziff called it quits on the landlord business. The reason: "the New York-based hedge fund is lo...
I purchased a home that was gutted and now I am in a the beginning stages on getting my prices for insulation and heating. The property is located in Connecticut where our winters can last 3-4 months. The house is:1,...
I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc. I have 1 business checking account and 1 savings account for my 4 family building. I keep the tenants de...
I inherited 3 properties from my father in Feb. Now that I’ve informed his long-time property management company that I’m selling, they sent me a letter wanting to terminate our contract immediately. They stated conce...
Hi BP,I’m a hopeful investor who is still learning a lot about REI. My latest quest is to figure out a quick and easy way to estimate rehab costs and ARV by just looking at the specs and pictures of a house online. Ob...
Hello Everyone! I wanted to throw out a question that has been spinning in my head for a bit.I'm looking to make a move on a couple of duplexes or a 4plex in the area. The majority of them have tenants and all are bel...
We recently acquired our first investment property. It is 12 units, 35 minutes west of Minneapolis, Minnesota. Purchase price $720,000Appraised $755,000My wife and I put $70,000 down, second mortgage on our house, and...
I need some help/clarity/guidance/or tough love. Prepare for a little long winded ramble.
I've been listening to Bigger Pockets for several years now but have yet to purchase my first investment. I know a little abo...
So my husband and I are on day 36 of our first flip. Everything is going pretty well and (budgeted) money for all of the renovations continue to fly out the window. We are still enjoying the work, project managemen...
A close friend of my resident manager would like to rent from me. He has two evictions on his record (which he initially lied about, but supposedly has turned his life around in the last few years, according to my res...