
23 January 2025 | 39 replies
I am a complete rookie zero experience, zero properties and highly determined to get into multi-family investing.

16 January 2025 | 1 reply
Before bigger pockets moved the rent estimator to pro users only it estimated rent to be around $975 I don't know or have anything to go by but I thought that was high.

16 January 2025 | 11 replies
Even though interest rates are high, we have a big Mircron plant coming here as part of the CHIPS act so that could boost housing demand in the coming years.I don't know the SYR market, but I did a quick search for duplexes somewhat outside of the city, and found this: https://www.realtor.com/realestateandhomes-detail/7300-Lakes....

16 January 2025 | 19 replies
The most common answer, especially in recent times, is highly levered, floating rate debt.This is not the only answer, by any means.

13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.

14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

14 January 2025 | 6 replies
Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

14 January 2025 | 1 reply
You have to have exit values of single family homes high enough where build cost can work.

12 January 2025 | 7 replies
The neighborhood has been flourishing, making this incident highly unusual.What initially drew me to the property was the potential for high rent and strong cash flow.

16 January 2025 | 9 replies
The PMC I left to start my own PMC had at least 2 "preferred contractors" related to key players in the office so high rates and poor service fell on deaf ears.