Ryan Cleary
Previous owner was taking money under the table with section 8
I purchased a duplex. The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...
Benjamin I Singer
I am interested in real estate but don't know where to start
Hello everyone this is my first blog post for bigger pockets! I found out about this forum from the bigger pockets podcast and that has sparked a real interest. I will start with sharing a little bit about my current ...
Chelsey McMasters
Under Contract...now what
We're really excited, we're under contract for our first door in San Antonio!! We didn't make an all cash offer for this rental property so now we're debating whether we should funnel money at the principle to pay of...
Dwayne Clarke
Multi-Family Investment Question
Good day!! Quick question. I’m a new investor with 1 door and was recently cautioned about purchasing multi-family properties because investors are dumping them, especially 5+ doors, in anticipation of a Market correc...
Trevor Riley
Deal Finding - what makes it so hard?
We here at BiggerPockets have heard for years, even before interest rates went up, that deal finding is a top challenge. This is despite the existence of listing platforms, off-market deal finding tools, and even ou...
Avery Robertson
Idaho Falls/Blackfoot Vacancy
I know this can vary, but just curious on what kind of vacancy rates y'all are experiencing in Southeast Idaho? I have heard 2-5% from some people, which seems great. I am in the search for my first house hack and am ...
Josh Young
Why you need reserves
I see a lot of people analyzing deals and they do a nice job of assigning a certain percentage of monthly rent for different expenses, maybe 5% repairs/maintenance, 5% Cap Ex, 4% Vacancy, and 8-10% Property Management...
Michael Morin
Using a HELOC to buy rentals
Hey guys! I was wondering the pros and cons of using a HELOC to buy rentals. Personal experiences and how the terms were with your bank for the HELOC. I feel like its a good strategy and I'll most likely use a HELOC o...
Pete Perez
Quoted $3500 for repairs in bedroom. Seem accurate?
Hi Everyone,Quick question: Does $3,560 seem reasonable? Was talking to a GC and he quoted me that price at around 50 man hours. I don't think its unreasonable, but just curious what BP thought.Scope of work: Install ...
Anthony Burroff
Commercial Real Estate Hacking?
Been doing a lot of reading about house hacking and using the BRRRR but I already like the house I live in and don't want to uproot my family (I wish I'd read more on it before we bought the house we're living in righ...