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Hello,This is my second official post, my other was my introduction. You could call me a seasoned member. Anyway, my question relates to house hacking a duplex, well actually any type of property actually. I have been...
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Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay ...
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Im a new realtor. and I'm so excited to finally get started in real estate. To all experienced agents in your opinion how effective do you think cold calling is? what's the conversion rate? and also what marketing te...
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After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
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In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
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Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
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BP Community,After spending several months listening, learning and analyzing I am asking for a couple of minutes of your time to give me your opinion on the following deal (which would be my first one). Is it a homeru...
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Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
Hi,This is Sohel. I live in California but increasing house price here is making me think to purchase a rental property first instead of buying first primary residence. I am interested in Phoenix area apartments, cond...
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Hello InvestorsI need some advice on this out of state Commercial purchase. We own small Commercial office spaces and are looking into purchasing a Retail building with 2 tenants with one of them being a big box corpo...