-first time home buyer, looking to buy in Medium sized Metro area, 2-4unit property to live in one and house hack, then move out after 1-2 years.(Question)How much I should aim for in reserves for a house hack after m...
What’s everyone’s opinions on home warranty’s. In what cases would you get one or should you even get one at all?
Hello BP CommunityI'm currently learning everything I can on apartment acquisitions and proper analysis. My question is, when running the numbers do you include the CapEx and or Reserves as part of the operating expen...
I'm viewing this question from purely a data standpoint. The way we search for properties today is based on value, calculating cap rate, looking at AVMs and mortgage rates, etc. But what if you can also now search for...
Hello! My husband and I recently purchased a house at auction. Not 100% sure if we're flipping or renting/BRRRing at this point. First order of business is painting. Painter went in today and says that the chipping is...
Recently purchased a rental built in 1910. We had the sewer line scoped before closing so we knew there could be potential problems and that $12k would be the worst case scenario if we had to replace it. Well, we have...
Hey all! I'm nearing the latter part of my 1984 renovation. It's a split level that I bought in original condition, including a 1984 ancient-looking air conditioner and all the things that come with a house of this na...
Hello, Bigger Pockets colleagues! This is my first post and it's a question I've been wanting to ask for a long time. I keep reading about investors purchasing properties in need of major work and completing all renov...
Hey! I'm curious about something...When do you sell a buy & hold? Now I know this depends on a lot such as the investor's goals and the property itself, but is there a general rule of thumb you as an investor foll...
Hi,
I have checked out a SFH in one of the suburbs of Chicago. This is a 3 bedroom and two and half bath house. The house is ten years old and is a short sale. The asking rate is 125000. The rent in this area for this...