8 September 2016 | 12 replies
The real question is: if your search area supports a comp sale price of say $700k, can you come up with the $500k you'll need when you find a "not easy to find" deal?...
6 October 2016 | 4 replies
Also buy your figures I would think there are smaller units.I might consider to increase the square footage on a few of the units to increase their rental income potential.I would not do the deal unless you are sure the value of the total monies you will end up paying is strongly supported by the current market value of comparable properties in the area, but then again if you can truly get the job done in 4 months time is on you side just remember "Murphy's law".I am just thinking these properties were just sitting there all boarded up simply earning nothing in the first place.To my mind the price your going to end up paying on a per unit bases is what I would expect to pay for bran spanking new construction based on my estimated square footage of each unit which I base on your expected rent per unit of $800.00/mo.
8 November 2022 | 5 replies
A 3 bedroom septic will support 1-2 small cabins.
7 October 2018 | 223 replies
I welcome the support!
6 November 2016 | 4 replies
Corey, Send an email to support@biggerpockets.com they should be able to get everything fixed for you.
10 December 2016 | 17 replies
Your income from one unit alone will not support any sort of immediate investment thesis.I hope that might be a little clearer.
16 January 2017 | 16 replies
@Bennett Wiltfang and @Jim Ellingson I wouldn't mind getting together sometime either to talk real estate and see how our common interests can support each others goals.
25 February 2017 | 33 replies
@Sean WaitI am extremely encouraged with the amount of support and knowledge that bigger pockets offers to someone like me in my position.
2 February 2017 | 10 replies
Even though someone knows what they should do mathematically, doesn't mean that decision is supported emotionally.
15 February 2017 | 26 replies
Blue collar towns do not have the income to support homes rented out, typically.