Saeed J.
Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
WikipediaSignificant and sustained population growth: Never invest in any location with a static or declining population.
Tania Clara
Hello BiggerPockets! New PRO here
22 July 2024 | 7 replies
Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit
Lisa Rechsteiner
Calculating Percentages for expenses
20 July 2024 | 3 replies
Hi guys we just received our for rent payment!
Ian Jimeno
Duplex to Quadplex? Construction Loan Questions
20 July 2024 | 4 replies
Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.
Evan G.
Soon-to-be collage graduate considering Indianapolis
18 July 2024 | 6 replies
When looking for locations to invest in real estate, Indianapolis shows up often for having good cash flow and projected appreciation.
Zack Hellman
Out of state investing (Newbie)
21 July 2024 | 15 replies
For turnkeys, most providers use 7% of the monthly rent for vacancies (but double-check that with the area the property is in) and 5% for repairs.
Saar Shoshani
Buying Foreclosures at Auction
20 July 2024 | 7 replies
The first: Mentors, Industry Conferences, and and local real estate groups- As I stated, I haven't been able to locate groups that are doing foreclosure sales at auction or pre-foreclosure experts.
Danny Azon
New agent self representation/strategy question
21 July 2024 | 2 replies
Like many I refinanced in ‘20 and locked in a 2.8% rate on my current property and I assume it can cash flow around 400-500/month if rented, or 125-140k net on a sale.
August Mickelson
Purchase With Conventional and REFI with DSCR?
20 July 2024 | 10 replies
This is because your rental income is NOT calculated as simply as taking the rent minus the payment OR by simply taking the negative number on your tax returns.
Clare Cui
Decent tenant now unemployed, renew lease?
20 July 2024 | 4 replies
Hello all, I have a tenant who overall has been a decent tenant (paid rent on time, let us know if maintenance issues etc) however her lease is coming up next month and she admitted to being unemployed for the past few months.