James Kiefer
New member starting out!
Hey everyone, new member here. I was wondering if anyone has experience with real estate investing from a distance. (i.e. most done work via phone and internet/building networks locally) I am currently in Virginia but...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...
Jason Turgeon
Real Estate Accounting Winner: REIHub
When I decided to find a new real estate accounting software platform in the fall and finally untangle myself from the nightmare of Quickbooks, I had no idea it would take me this long or be this complicated. You can ...
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
I am closing on a 4 plex in Bridgeport, all units are 2 bed 1 bath, and the current rents are under market at $600 against a fair market rent of 1200+. All other 2 beds in the neighborhood are renting for 1200+ so I k...
Jimmy Lin
Cash out refinance for LLC owned property
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
Jamie Larson
1% Rule
Hi!First Post on Bigger Pockets: I've heard about the 1% rule of charging 1% of the property's purchase price for monthly rent. I've even heard about the rule being called a 2% rule. I'm just getting started in re...
Leon F.
Lease w/ Option 2 Buy gone WRONG!!
So I bought a property in 2018 from the foreclosure auction in Louisville at the courthouse.The house was still occupied by the original owner. When I went to talk to him he didnt believe I had bought it and thought t...
Scott Trench
Is a 20-25% Crash in Multifamily Asset Values Realistic?
I've been noodling on this for a few weeks, and the more I think about it, the more I'm starting to convince myself that large multifamily is one of, if not the most, riskiest asset classes in America right now. Here'...
David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Chris Dimoff
What are the top cities to buy a duplex?
Hello!I am quite new to the real estate world and find myself in a position where I can live and work (remotely) from anywhere in the USA. I am pre-approved to ~1.2 million but can realistically only put down ~100k. I...