KIran K.
Worst FIRST FLIP: LOST OVER 100k
15 October 2020 | 106 replies
These lessons you learned will serve you.
Kalim Kalla
NW ATL Rehab (30318)
14 September 2020 | 0 replies
We found this property and within 24hrs had it sold first come first serve.
Joaquin M Dugan Jr
[Calc Review] Help me analyze this deal
15 September 2020 | 4 replies
Another data point I like to use is checking Yelp for which major grocery chains serve the local area.
Arpi Galstian
Using FHA Loan to buy Quadruplex in Dallas, TX
16 September 2020 | 1 reply
Good luck let me know if there's any way I can better serve you in your REI journey!
Jeremy Pieroth
Vacation Rental Properties
17 September 2020 | 3 replies
For investors, Florida provides a great investment opportunity, no state income tax, and very low costsReturn Expectations - that will vary greatly, but the below can serve as a starting point:House cost: 250k (around zip code 34746/34747)Remodel cost: 10-15k Insurance: can vary greatly, but 1,500 a year avg is a good starting pointAverage nightly rate: 100-150 now, later in the year higher (200-300)Expenses (monthly):Electricity: ~250Internet: ~60HVAC and Pool maintenance: ~150Landscape - usually covers by HOA, but if not ~50-75HOA: the lower the better, but 50 a month is a decent averageProperty management - 15-25% depending on level of service and company.
Eric Soriano
Eric Soriano - New to group
29 September 2020 | 4 replies
Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersI hope BP serves as a helpful resource for your REI endeavors!
David Ivy
August 2020 Austin Market Report
22 September 2020 | 8 replies
Inventory outside of Austin is now technically lower than inside Austin (1.4 months vs. 1.5 months).While interest rates will not be this low forever, the Fed has signaled that for the foreseeable future it intends to pump liquidity, keep rates low, and overall serve as a bulwark against a severe and lasting economic collapse.Finally, I’ve shared charts of passenger traffic at Austin-Bergstrom International Airport over the past few reports.
Jay Levy
Property Swap - 1031
18 September 2020 | 6 replies
You'd be better served to get your accounts on board, or a good QI or both.
Steven Chavers
What about Application Fees?
19 September 2020 | 3 replies
We typically won't accept multiple applications on a property (first come first serve) so if we get multiple apps in our system we will refund those without running background once we've approved another application.