I’m considering getting out of real estate investing. The thought came to mind of selling my properties (4) and getting a single family residence, renting that out for a couple years and then moving into it, convertin...
I love the BP community and I'm probably going to get speared for this post, but I'm tired of the drivel spewed on this website by really intelligent people in regards to various investment vehicles, but usually aimed...
Hello everyone - Brand new to landlording, so apologies in advance for the basic questions. I recently secured a tenant for my condo apt. The lease specifies that tenant must notify management and owner of any additio...
Hello again bigger pockets. I have near 200k in a 1031 exchange account and limited time to find a new property. Looking for 6-8 units that will cash flow. Still don’t have any leads on any thing so figured I’d come t...
I recently saw a deal on a duplex in San Francisco in a prime neighborhood with a cap rate on existing rents of 2.5%. Rents a bit below market, but not crazy. Building in good condition. Great location. This number...
Hi, I really need some guidance. I rented my condo last year for a year. Her lease is up on Sept. 30th, 2012. It says in the lease that a new lease is required. She said she wants month to month so I wrote up an a...
Isn't that always the case?So I have a fun situation. I own a house and I have excellent credit and make a reasonably decent income. The problem is that I am a joint tenant with someone who does not have those things....
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Hi All-
Generally, I stay away from purchasing condos at trustee auctions. I purchased one recently and it appears to have 25K worth of past due condo fee. There was a junior condo lien recorded against the property ...
Hi all! I'm a medical student in the Upstate area of South Carolina. My husband and I bought our first house last year and have had a lot of fun renovating it. He's a contractor and handles the heavy lifting, and I've...