I am interested in buying a 5 units multifamily property. What should I look for before I make an offer besides doing an inspection? How to verify that the tenants that are living there now have always paid on time? S...
Hi, I'm newer at this. I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score. Pattern of financial responsibility".This couple sent me ...
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
Hi ! So I am currently a civil engineering student, on an internship year between by 3rd and 4th year. I am hoping to save around $50,000 in my investments by the end of internship, then will have 8 months of school b...
I was wondering about buying vacation properties for
rental income. Does any one have any insights and advice? Is this kind of property good to have as part of my holding property pacakage.
I currently own my primary home free and clear. I am considering using a heloc to provide the down pmt for a rental.My plan is to buy 1 rental by the end of this year and have 3 by the end of 2018. I am trying to see ...
Hello,I currently have 3 properties under contract in Griffin Ga.1) quadraplex at 60k, fully occupied at 390 per month 2) single family at 18k, occupied paying 4253) single family at 19.5k occupied paying 500The prope...
I have been in a paralysis by analysis with real estate for a long time now 3 years exactly looking at few deals and then backing out. I looked at turnkey properties then backed out. I looked at the local market which...
Hello BiggerPockets family, my name is Michael Ferrara and I have been dragging my feet on getting started in Real Estate. I have been going back and forth from Short Term Rentals, Long Term Rentals, Multi-Family, Ai...