Norman Wright Jr.
Storage Units: What Should We Consider Before Buying?
We are thinking about purchasing storage units. What are the main considerations we should focus on before making a purchase? i.e. location, number of units, local income levels, etc.
Brian R.
Owatonna Minnesota property manager
I am about to purchase a duplex, and I am looking for a property manager in Owatonna. Can someone recommend anyone in the area they use?Thanks!
Ceasar Rosas
Are you using the 50% rule for expenses?
Good morning BP Family!Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large par...
Kyle Surprenant
Where is everyone getting these 50K personal loans?
Hey All, I'm looking to move to a nicer area and hope to turn the next SFH I purchase into a rental. Due to this I already target certain homes in terms of square footage and bedrooms ect. Anyways some of my best opti...
Doug Danoff
What's your formula for insuring a flip?
Hi All,I've found a flip in the Boston suburbs. First one. So many things to work through!I was curious how experienced flippers calculate the insurance they take out on their rehabs. The combo of vacant and builde...
Sarah Msuya
Duplex House Hack 10/2021
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $80,000
After having a baby, we needed more space. We were open to a house hack situ...
Jay Voorhees
What is the optimal down payment? Hint: It's less than you think
All too many homebuyers mistakenly believe that they need to put down as much as humanly possible for several reasons: (1) they want to minimize their housing payment; (2) they want to minimize their debt load; and (3...
Sree Vad
1031Exchange and investing in MultiFamily as a passive investor
I have a Condo, which I am planning to sell and do a 1031 Exchange for investing in MultiFamily as a passive investor. Thinking to invest around 150k in 5 or 6 investments of 25k thru Crowdfunding or via syndicators i...
Zach Gentner
Primary Residence and Rental on Same Parcel, Legal Pitfalls?
Hey, BiggerPockets!
I'm a long time reader of the forums and I have a feeling that among the wealth of knowledge here, that someone would have an answer to this question. Any of your sage wisdom, advice, and comments...
Trevion Langford
Private Money Question
Quick question for anyone that uses private money. When using private or hard money for flips or rentals, it’s mostly used to pays for the property, the rehab, and closing. Are the monthly interest cost the hold the l...