31 January 2025 | 4 replies
., I think there's a lot to building a "community" like feel for your tenants that may include events, giveaways, etc., to get them to engage with you and elevate their living experience.
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20 January 2025 | 23 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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27 January 2025 | 12 replies
Hi Rory,Welcome to the community!
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4 February 2025 | 10 replies
@Nick Connors Welcome to the Community.
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23 January 2025 | 7 replies
Quote from @David Naphy: Hi BP community, I appreciate any and all suggestions!
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16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.
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25 January 2025 | 2 replies
Hello BiggerPockets community!
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20 January 2025 | 5 replies
@Joshua ChristensenThey were part of our community briefly.
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20 January 2025 | 12 replies
We’re particularly interested in purchasing a duplex, triplex, or fourplex, or a property with an ADU to start our investment journey.We look forward to learning from and contributing to this community!
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28 January 2025 | 11 replies
Even if you take the $250,000 the realtor mentioned it would sell for as your basis that would mean you're looking at an $80k gain: 380,000 - (250,000 + 50,000 improvements) = 80,000Since you want to buy a nicer home for your mom, a 1031 exchange may not be applicable if the new property is intended for personal use, as 1031 exchanges are for investment or business properties only.