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20 December 2024 | 3 replies
Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.
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13 December 2024 | 13 replies
Bigger pockets also have webinars on how to choose a market to invest.
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15 December 2024 | 9 replies
Dollars outweigh calls every day of the week.To me, what appears to be the problem isn't setting the goals, or choosing the goals, but having a plan of how to get there.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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27 December 2024 | 22 replies
Some examples:Section 8 typically covers 80% of the rent (depending on tenant income), with tenants responsible for the remaining 20%.
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13 December 2024 | 35 replies
There are plenty of markets, a lot of people choose the Midwest.
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14 December 2024 | 0 replies
Hi BP, would like to hear feedback from all you folks in or near the Kansas City area,Currently I'm looking for a software to help me generate leads, but there's so many of them to choose from, I don't know which is best suited for my area.
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19 December 2024 | 8 replies
I saw your comments about not wanting to manage properties in two states, but perhaps you can find a great PM for the FL home.Regarding the numbers you mentioned above, it very much depends on the specific location.
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18 December 2024 | 1 reply
There is a great group of us who invest in the NL area if your looking for some folks to connect with.Now to your question, you'll find rent prices vary quite a bit in NL depending on what area of NL, but I'd be happy to give you our averages.1, 2, 3 would average $1150, $1300 and $1500.
21 December 2024 | 18 replies
It depends a lot on your risk profile and regular income.