Hi everyone! I am looking to acquire my first property in Atlanta, GA with the hopes of doing a LTR. Where does one start?? Would love some advice!
Paid-off duplex: Should I use the equity to buy another property or wait until I start my new job? Hi BP community, I’m 32, single, and have been listening to the BiggerPockets podcast since 2017. I’ve wanted to own rental properties for years, and a few years ago, while attending college for ele...
All - what is your typical policy and requirements for tenants who want to switch and move into an upcoming vacant unit that is 1) the same size/ bedroom count or 2) a different size/ bedroom count? Does your policy differ if their current lease is still in flight (e.g., has 6+ months remaining) ...
Hi everyone, and happy Tuesday! Last week the Hillsborough County Sheriff's Office announced "Operation Bad Builder": 50 people arrested between June and early October, mostly for contracting without a license or leaving homes worse than before. Their advice: check the license with DBPR, ask for ...
Hi everyone, and happy Tuesday! Here's a take I'm ready to defend, and happy to be corrected on: we don't add a contingency buffer anymore. Instead, we price everything down to the last screw. And where we can't be sure what's behind a wall, we split the job into blocks. After each block is opene...
Starting my investor journey in Florida's Polk County. (I live out of state.) Currently building a team to flip or BRRRR. Looking for anyone who knows the area. Good idea? Bad idea? Can't wait to connect. Thanks!
A rental can perform well for months and then need a major repair at the worst possible time. Roof issues, HVAC replacements, plumbing problems, and tenant turnover can all affect cash flow. What systems do you use to plan for maintenance and capital expenses? Do you keep a fixed reserve per unit...
Hi everyone, I'm looking for advice from investors who have gone through a similar situation, particularly those who purchased a new primary residence and converted their previous home into a short-term rental (Airbnb/Vrbo). Here's a little background on my situation: First home: Purchased in May...
Hey everyone! I posted here last year about wanting to get into real estate investing through house hacking, and I received some great advice. One of the biggest recommendations was to wait until I received a decision on my disability benefits before moving forward. I took that advice, and I’m ha...
Hello everyone! New investors here. My husband and I are looking to start our real estate investment journey. We are currently living in a condo that we have owned for the past 6 years, and now that we have a young child, we are looking for our next house. My husband is a new realtor. We cannot r...
10 Great Lies Sold to Newbies You can make money “wholesaling” with no capital, experience, or knowledge Your brand new business entity can qualify for credit even if you personally can’t qualify When you identify a great deal money will follow and you can own it all with no investment capital on...
For people with out-of-state rentals, how did you end up picking your property manager? Did you interview a bunch or just go with a referral from your agent? We had one years ago that looked great on the phone and then the vacancy sat 2 months with no updates. once bitten twice shy so now i ask a...
I’m looking to purchase my first investment property in an area close to home and would love some input on MTRs versus LTRs. I currently have a mid-term rental in my primary residence, so I’m familiar with both the pros and cons. I actually enjoy furnishing the space and working with the types of...
My team and I have acquired roughly $100M of CRE assets (industrial, retail, office) over the last 2 years and are looking to expand our lender network. We are seeking reputable, experienced lenders who have history dealing with loans for the above asset types in Ohio, North/South Carolina, Georg...
I have good credit, financially in good position, no debt (at all), have enough saved for down payment ,i been looking at homes recently but gave myself a lil break , seems like houses atleast in Az are sitting and forcing the price to go down and with that investor mindset i most times offer up ...
For those who manage their own rental properties or use a property management company, do you allow showings before all repairs are complete? My property manager says this is his normal process, and I would appreciate hearing how others handle it. For context, the previous tenant left the propert...
Hello, I own 2 duplexes and one SFH that needs a clean up. I'm looking for recommendations for a reliable general contractors or handymen. This is a small home that was treated rough by the last tenant, it needs interior painting, doors fixed, electrical outlets updated etc. Maybe some tree trimm...
Posting this for the BiggerPockets Investor Brief, and the best replies might run in Thursday's edition. On last week's BiggerPockets Podcast (episode 1347), Amelia McGee said her plan for raising the rent on one of her rentals is to "take them all of my expenses and say, look, I have to raise yo...
When evaluating a fix-and-flip property, how do you estimate the rehab budget before committing to the purchase? I'm interested in how investors account for hidden repairs, holding costs, and financing expenses when determining whether the deal has enough room for profit. What's your process for ...
Seems like once a week, someone asks about whether this or that property will "make money." What does "make money" mean? Does it mean a positive monthly cash flow? If yes, then a vacation rental is an incredibly poor investment, regardless of price. While there are properties in the Smokies that ...
Hi Team: My wife and I Closed on our first RTR property on Friday, 10/23/26. We did our homework in looking at multiple avenues for diversifying our investment portfolio. Our Primary Requirements were: A) Must be a landlord friendly state. B) Must be a Turnkey solution, whereby we do NOT interfac...
For those who have house hacked in Charlotte or the surrounding areas, what first time homebuyer programs or low down payment options did you use? Is FHA with 3.5% down the best route, or are there other programs that offer down payment assistance in exchange for living in the property for a cert...
these cleaners provide all your bedding and towls and hand towels etc. so when they do a turn over they bring the bedding and towels already cleaned and simply replace and take the used one's with them and wash and store them at their offices. Seems like a pretty nifty idea and could really cut d...
I am an aspiring developer and looking to get my start in LTR rental properties. I have started to dip my feet into the wholesaling side of things a few weeks ago to help fund the initial down payment on my first investment property but no luck so far. I am thinking that starting out my strategy ...
On long term rentals how much are you actually setting aside for capex each month, a flat number or % of rent? I see some people use 5% and others 10% and thats a big difference on a thin deal. We own a few ourselves and on the older houses with 20 year old roofs and AC units, I feel like 5% is w...