When looking to buy a property for rental in different areas, what is the acceptable vacancy rate to look for? I know some area has low vacancy rate and some has high so would it be a good idea to always go for the lo...
Hello Everyone,I am a new real estate investor located in NYC who is interested in purchasing residential multi-family and commercial with 5-6 units. My target area is the NYC/NJ Metro Area, but I am having a tough t...
Hi BP,I have a quick question for you.I would like to purchase an apartment complex that has a purchase price around $400,000 and has yearly net profit of $60K. Do these type of deal exist? I could put 20% down.Let me...
For a "good deal" on a property, what is the general consensus on the LTV ratio needed? It seems, at least here in TX, you need to get the property at $.70 cents on the dollar minus repairs including costs such as sel...
Fellow Agents, USPS is offering a $50 & $100 postage credit for first time EDDM (Every Door Direct Mail) users! Here's the direct link: USPS Every Door Direct Mail I've been using EDDM for a few years now and I h...
Hello,I have a office building located in Chicago. I am having a difficult time placing tenants in the building. I purchased it in 2012 empty with a ton of deferred maintenance. I did a major rehab to the building in ...
Hey BP,I just learned of this website and would like to know if anyone on here has used it before. Its sapposedly a source for direct mail and international data (Germany, India, UK & USA). For those that are curi...
Hello all,I am brand new here on BiggerPockets and am looking to learn more about REI. I am currently on my half-term break this week (I'm a teacher) and would love to read a couple of REI books. I am having a hard ti...
I’m finding that this is tough to achieve. Even on well located, healthy income-producing and appreciating properties. How often are you able to hit that target and what are the reasons that you would consider buying ...
I'm not very familiar with zoning or how it works. I've got a seller who wants to sell a residential house with office/institutional zoning. Is this something I can wholesale? There aren't really comps for this. How d...