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Hi BP!,I have been learning a lot lately from the community. Although, I am still in the search for the right first rental property for me, I went ahead and imagine different scenarios in my head.I read multiple discu...
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Hey BP fam newbie here and I was curious how did everyone learn to analyze properties to know whether it was a good deal? I would love to confidently be able to analyze deals so that I can start jumping in. Any book t...
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My wife and I located a "FSBO" home and called on it. The seller is not the owner, he's acting as the agent, but not licensed by the state (he admitted that). He says he brings buyers and sellers together for a fee....
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I have a tenant that complains about a lot. I have been very nice about fixing everything that concerns her. I just acquired the property in December, fixed it, and leased it in June
There have been a lot of items th...
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Have you ever had to deal with another landlord who is a slumlord?I am in a small condo building and my unit A is adjacent to another unit B. I rent out unit A and the other owner rents out unit B. I maintain unit A...
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Hey Biggerpockets,
I'm currently targeting FSBO properties seeking owners interested in financing their own properties. Based on the majority of my feedback asking sellers is he/she is in...
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Looking for strategies in this current market that I haven't thought about - WHAT WOULD YOU DO? Here is the case: still have my W2 job and the goal is to replace it with passive income from real estate. My residence h...
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Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%. I just dont feel good about paying an extra...
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What would you say, is the average percentage of Cash on Cash Return to look for in a Multi-Family deal?
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The AC unit and damper system in my rental property just went out yesterday and my property management company is proposing a fix of ~$5k to replace the AC and ~3k to replace the dampers using their trusted contractor...