Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
This is why many buyers choose to pay cash even if they don't have to as they want their cash to be invested indeed, especially given the current inflation.
Lorraine Hadden
Are You Leaving Money On The Table?
10 December 2024 | 0 replies
Take for example, while representing buyers in single family transactions, during the negotiation, I ALWAYS ask the sellers to credit the buyer(s) up to 3% of the asking price toward the buyers costs.
Sufyan Minhas
Buy condo or apartment for primary residence
13 December 2024 | 4 replies
Banks will be reluctant to lend you and other buyers/borrowers a mortgage for a building like this as it is seen as high risk.
Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
Jevani P. Barron
Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
20 December 2024 | 6 replies
I’ve been doing well since raising the rent this past May—looking back, I’m glad I made that move, as it’s helped me stay afloat financially.I currently have a few potential buyers who’ve submitted offers around 85-90% of the property’s recent appraisal value.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
@Geovanni Cano sellers don't like FHA, it is meant for people with little money and very low credit score, plus you have an FHA inspection which can derail a deal a week before closing, nothing the buyer can do.
Kent Ford
"Texas vs. the Rest: Is the Lone Star State Still the Best Place to Invest in RE
13 December 2024 | 7 replies
Texas has been in a buyers/renters market for a while now.
Carsyn Childress
Are wholesalers using BiggerPockets?
11 December 2024 | 5 replies
Are you looking for buyers?
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Median-priced homes will attract the highest percentage of qualified residents looking for rentals and the highest percentage of owner-occupied home buyers in the future.