Hi All -I am gut renovating a 2300 sq 2 family house into a 4 unit 4100 sq ft multi-family building. I have the ability to start from scratch? Assuming 3 units are about 1000 square feet and the fourth is 700 squar...
I've been stalking these forums for a while now and y'all are so helpful. Thought I would put out my first post :) For background, I'm a new investor in the Houston area doing research before my first flip. It looks l...
If you raise the rent every year, do you always need to fix something small on the property to justify you raising the rent or every other year you dont have to improve something and just tell tenant raising rent for ...
Hi Friends,
Here's the sitch. I have a duplex in a prime location in San Diego. I run both units as an STR and make good cash flow (~$30k annually) but it is fairly labor intensive. I purchased the home for $720k w/ ...
Just put in an offer for around 715k on a building in a lower income area in Chandler AZ, but surrounded by good neighborhoods with great schools, as well as higher income areas This particular neighborhood's median h...
Jesse Gerads who is a PRO Member here on BiggerPockets is offering to loan Private Money at terms that appear too good to be true. Has anyone here in BP EVER borrowed from him? I'm now communicating with him via e...
I talks to a property management company & their manager, naturally they have their own contractors. Do you think it is a good idea to ask the property manager for their contractors contract because this would mea...
I usually do a 1 year lease, but I have a vacancy I'm getting ready to fill, and I'm tossing around the idea of offering a slightly discounted rent with a two year lease. I've heard that if you offer a great property...
Does it make sense to put in wood flooring in a rental?When my current tenant moves out, I know the carpet will need to be replaced. Normally, I wouldn't even consider installing wood flooring to replace the carpet be...
Hello beautiful people of BP! So I work for a company that purchases preforeclosures and specializes in short sales. I want to build genuine rapport with the sellers I get into contact with and I understand that a loa...