Jack Beach
Assessing whether to keep rental unit
My wife and I purchased the house next door for $250K in 2021, 20% down @ 4.5% APR for 30yrs, $40K put into the rehab, and split the unit into an upstairs/downstairs duplex (not on meters though). Currently rents for ...
Andrew Stein
Best East Coast Vacation Markets w/ Conducive Regulations?
Hi all - I am looking to buy my first STR in a vacation/destination market on the east coast. I'd like the investment to:1. be in a market where the regulations are pretty settled at this point (i.e., limited to no lo...
Uri Gofman
Cleveland Ohio Investment Property Market Update
As someone that is very active in the Cleveland Ohio market, I have been receiving a significant number of inquiries recently from existing clients and new investors asking about recent trends in the investment proper...
Tommy Nguyen
Opinions Needed: Inheriting Tenants
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...
Mike DeLeo
Analyzing Multifamily properties - Living in one, rent out the others
Morning BP Community,I am on the hunt for my first multifamily property deal, I want to get an FHA to finance the property, live in one unit and rent out the other(s). As I am analyzing figures for all different prope...
Tom Lafferty
How do apartments fare with market cycles?
I'm looking for input from long time apartment owners who have been through a few different market cycles with apartment investments. I'm currently looking at 60+ unit properties for the purpose of syndication. Rese...
James Barnhart
Maybe doing a JV with a contractor friend
I have been looking at homes to consider flipping. Although I am very familiar with construction, I am not a building contractor. But, I have a friend who is. I asked him to look at a house with me, but then that h...
Devin Mann
Listing Appointment- REALTOR
I have my first appointment with an expired listing. we spoke on the phone, he said he might be ready to list, not sure with me or not. i told him i would like to stop by either way incase i have a buyer that might ...
Timothy Guidroz
Books For The New Kid
Hello BP! So I started as I'm sure several REI's did, and read Rich Dad Poor Dad. It was like pouring gasoline straight from the distillation column on the small fire I had to start this new venture. I'm currently rea...
Owen Thornton
Why are high cap rates risky
Why are high cap rates usually considered risky? Are they not profitable for their high returns? Or is it likely risky because the seller is selling even though there are such high returns? Are high cap rates simply o...