I often get asked how I handle pricing my properties so here's my playbook!1. I use dynamic pricing software (Pricelabs) BUT the software isn't going to just "work magic" for you! It's CRUCIAL that you set it up prop...
Artificial Intelligence (AI) has emerged as a transformative force across various industries, and real estate is no exception. The integration of AI into the real estate sector is altering the landscape in ways that w...
I've been researching Detroit for the past several months to add to my existing portfolio. The numbers make sense, for example $70k homes getting $900ish a month in rent, etc. But is the population still going down in...
Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
Dear friends,
I have been a part of this community for many years, and it's thanks to your support that I gained the confidence to purchase my first house exactly two years ago (on October 1st). Now, I'm facing a dec...
Obviously everyone's risk tolerance will be different, but deductible amount are most people using on their single family rental units ($500, $1000, $2000, something else). I'm talking about under $100k mid-west or so...
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
Hi all,Can the BRRRR technique work with multi-family buildings that are already occupied by tenants? If so, what does that look like in practice? Or does this method only work with vacant properties? I find that most...
Hey guys,I am looking at this 6 unit apartment building here in Norfolk, VA and just want to see what you guys think of these numbers. I wouldn't say she is super motivated but it still seems like this could be a pret...
Hello, I would like to begin by saying this is my first post in a BP forum! I am very excited to learn about the community and engage in discussion with other investors. My question is, should I or should I not conv...