Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Robert Zajac
Managing my manager - how to best approach maintenance requests
I need some advice on managing my property manager. Particularly when it comes to maintenance requests.
Some context: I own two small multi families in Cleveland and they are managed by a PM company (B2B property m...
Stella Xu
Migration patterns for high income earners from urban cities
Hi all - I feel that we're about to see some major migration shifts coming from the expensive urban cities such as NY, Seattle, SF given the new work from home policies that is becoming permanent. It started with the ...
Jake I.
Question About Utilities
I see on most of the Bigger Pockets blogs, podcasts, or webinars that when analyzing a property and its expenses, many times utilities such as water/sewer/garbage, electricity, gas, etc. are thrown into the expense co...
William C.
Do you low ball, or make sure you secure the deal?
This is in terms of buy and hold, or BRRRR....But when submitting an offer on a property that is priced well, let say exactly what it’s worth, $100k. You run all your numbers, conservatively, and at $100k, plus renov...
Francois D.
Equity build up rather than Cash Flow, why not?
Most investors favor CF rather than equity build up.
The advice is get a mortgage as long as you can (30+years) so you can have a few more hundred dollars in CF.
This neglects the fact that you pay more...
Tom R.
Realtor telling me other peoples offers
I made an offer to my realtor on a house today. She said there had already been offers that were declined but she would check. Later that day she called me and told me what the offer was which was of course was higher...
Will G.
How to stress test your rentals?
I would like to know... when you analyze a potential rental property deal, do you "stress test"? for example:Crank your vacancy up to 12%? Figure you expenses at refi could go up x amount due to higher interest?Or doe...
John Kesner
1 bdrm or 2
I'm working on a duplex and wondering what people think is a better strategy
I'm going to change the layout of each unit to make things more modern and max out the rental potential. The duplex has a great location ...
Tony Clark
New multi-family property owner.
Hello everyone.I am brand new to owning a multi-family property and to this website. I hope I am doing this correctly. :)So today I closed on my first real estate investment property. It is a 5 unit property that co...