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22 October 2021 | 4 replies
For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts
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21 October 2021 | 2 replies
How can I find a cap rate at any location?
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25 October 2021 | 3 replies
You can track each individual flip using the Customer and Project features.
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22 October 2021 | 4 replies
.$57k gross annual return. take off 30% (8% vacancy, 12% PM, 5% Cap Ex, 5% Maint.)
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26 October 2021 | 9 replies
I've never done business in the Texas market but In KC a 10% cap rate and over 10% COC return is common.
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22 October 2021 | 2 replies
•Prices are expected to keep pushing upwards as supply and demand remain uneven, with demand far exceeding the supply.With Ca rent control capping rent increases at CPI plus 5%, capped at 10%, for properties over 15 years old, how is the average rent increase so high?
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23 October 2021 | 6 replies
@Daniel DangWelcome to Bigger Pockets,You’ll find plenty of friendly, knowledgeable people willing to help respond to your questions.There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guidesI really like the alerts feature that can quickly guide you to current topics that might interest you: http://www.biggerpockets.com/alerts
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23 October 2021 | 8 replies
But at face value, the three currently rented units produce $2095/month in net income, so it seems like the cash flow could be great, but then when I plug everything into the calculator tool on BP with 8% vacancy, 10% property management, 10% cap ex, etc, I actually end up with a negative cash flow.
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23 October 2021 | 6 replies
RentRedi also has a background/credit check feature, and the applicant is responsible for the service fee!