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I have been analyzing deals and just found a 4 unit CVS portfolio in 4 different states for sale at 12.3 mil. 27% down at a 6.47 cap rate. The NOI is 800,000. Correct me if I’m wrong but that should come out to 66k a ...
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I'm spending more time to know whether is it a right time to invest in rental house in San Antonio. I hear that there is a chance for market crash in 2021. If I invest a property of worth 180k in rental property in Sa...
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Hi Everyone,I tried to start a real estate meetup and failed horribly in Columbus so I thought I'd reach out to other biggerpockets members. Would anyone be willing to invite me to the next COREE that is an open meeti...
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I am trying to sell waterfront building lots which are rather high-end because they close to a big city. I was hoping to sell them by simply posting a sign on the lots with an info-box containing a survey & price...
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Hey everyone,I’m fairly new here and looking to begin searching for my first deal. I’m located in Alberta, but the cost of entry here is far too high.In my searches I’ve come across opportunities in halifax with a dec...
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Pros and Cons of managing properties that the banks are sitting on?
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I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
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I am very familiar with how the 70% rule works and have read several posts about other variations of the rule. My question is for you other wholesalers out there.. When you are estimating your repair costs what are yo...
so I bought a house with fha about three years ago and lived in it for a year. I moved out of the property and rented it out and it is still rented out currently with positive cash flow( don’t want sell). The issue I ...
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HiI own 1 rental. It is cash positive, though only about $200/month. A realtor recently gave me a rough appraisal about $120k more than I paid for it. My wife and I both have a decent amount of student loans left to p...