I'm making offers on homes near a resort, where a large fraction of homes serve as STRs. As I crunch the numbers for how much net income can be expected from STRs there, it seems that the housing market prices do not...
Hello Bigger Pockets community,My college roommate and I about to close on our first investment property! We got a good deal on a duplex in a growing neighborhood in Minneapolis, MN. We plan on living in one unit, whi...
As it relates to residential water usage, it’s better to save more by flushing less.Case in point: Demand has wiped out the low-flush toilet supply in Boulder County, Colorado, the nonprofit Center for ReSource Conser...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
Hi Investors,I signed my first investment property contract back in March this year. While today, the construction company told me to either accept a $42000 increase on top of the contract price, or get off. I underst...
Hi everyone,
I am buying a triplex in the Philly area which is currently supplied with gas heat (for the entire house). The heating unit is very old and would most likely not make it another winter, so I defi...
Is there anything I can do about a tenent letting the grass die at a property. this place I picked up had a pool that was in bad need of reapiar or fill in..I chose fill in, level, topsoil and sod. it lookded great. I...
Hey, I would be happy to hear the opinion of investors who invest properties of $60k-$80k. In all the books, podcasts, articles I have read / heard.. there is some assumption of 5% rule of the annual rent that should ...
6 fully occupied duplexes, cap rate 8.5%, tenant pay electric & cable. Room to build a few more duplexesWhat is wrong with my number? If seller said 8.5% cap rate, maybe I put expenses or too high? property tax se...