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Results (10,000+)
Erik R. Need some help - Duplex in Dearborn, Michigan
21 November 2018 | 9 replies
Rental comps for 2BR units in the area are $965/mo.Assuming I purchase the property for $135K, invest $10k in improvements, utilize a 25% down/30 yr mortgage, and achieve 80% of the total market rents (from rentometer) + 7% vacancy/attrition, this property looks to cashflow approx $400/mo with a 9% CoC return and 12.5% total ROI.My questions are the following, not having much experience in analyzing duplex deals:- How would I accurately estimate rental income in my area for a duplex, if my area is mainly SFHs ?
Lei Zhao How much I should pay my agent if I decided not to sell?
29 May 2019 | 11 replies
Obviously you can not approve Realtor showings when they get sent to you, but why would you?
Shimon P. New property new LLC?
23 November 2018 | 3 replies
Make sure you talk to a lawyer and don't take advice from some yahoo on the internet ;)Obviously the answer is always "it depends," but here are a few factors to consider:Is this a disregarded entity (or put a different way, is this a single-party LLC, i.e., just you or you and your spouse)?
Mike V. Xome.com question: (liens)
21 April 2019 | 4 replies
HOA debts are obvious debts though, typically they miss code violations, utility bills, etc.
Kyle Hern Long distance investing team
23 November 2018 | 4 replies
Obviously, real estate agents and property managers should be close to the properties, but what about the others?
Marine Palamutyan Beginner’s Dilemma - To house hack or not to house hack?
24 November 2018 | 11 replies
Yup, makes total sense.
Jeremy Bloom 1/2 Electric in rental unit is out and can't get it fixed!
14 December 2018 | 17 replies
This is obviously an immediate need.
Michael Ablan End of year summary: Successes, failures and a mobile home park
18 January 2019 | 5 replies
I'm hoping my tale can inspire anyone reading this to always strive for more, never take no for an answer, and don't be afraid to stretch yourself beyond your perceived limitations.For a little back story, here's my first real post on BP when I started (beware, I'm a long winded sob)https://www.biggerpockets.com/forums/223/topics/371714-making-my-splash-in-real-estate-6-units-in-11-monthsI started 2018 owning 10 properties, 15 total units.
Wiley D'Spain Getting into Real Estate young
18 November 2018 | 0 replies
I’ve been doing a lot of research and something I keep hearing is that getting into real estate is a very tough thing to do at a young age, due to the obvious lack of experience.
Wiley D'Spain Getting into Real Estate young
18 November 2018 | 3 replies
I’ve been doing a lot of research and something I keep hearing is that getting into real estate is a very tough thing to do at a young age, due to the obvious lack of experience.