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Good day, everybody!I recently found an Orlando area SFR in need of rehab and used the BP calculator for the first (trial) time. I will show you the numbers that I used, most everything coming right from the listing. ...
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Tell me your thoughts on this... I bought a building last year. It has 15 units. I paid $725k. My existing mortgage is for $610k. However, in Edmonton in 2006 properties appreciated by a whooping 51%. I've also increa...
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Hello friends, I am just starting out as a rental property investor. I recently bought my second property as a primary residence and rented out the first one. The house I am renting out has PITI of 2700 and I rented i...
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Hello, As I am currently learning avidly as much as I can on Bigger Profits from the podcasts that interest me the most and from the best books I've found on youtube I noticed most people seem to care more about pro...
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I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
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I wrote a post on Bigger Pockets a little over three years ago on how to understand San Antonio’s real estate market based on the type of deals that investors are looking for. Since then it has received numerous votes...
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Hello BP family,
I have a question regarding student housing and fair housing laws in NC.
I am in the process of getting a room rented in a 4 bed 4 bath condo near NC State University. There are currently 3 females ...
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Hi all! I’m a real estate investor based in Indiana. My husband and I primarily invest in long-term rentals here. It’s a solid market with a median home price around $250K and a rent-to-price ratio of roughly 0.8% (po...
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Hey guys, I am about to send out a Letter of Intent to a few buildings in the area and was wondering if you could give me some advice. I created the following Letter of Interest (LOI) to send to roughly 10 buildings w...
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I recently closed on a two-family and I figured (because of the age) that there would be lead paint in the building. The seller told me they had no knowledge of lead paint, which is common enough. I assumed I would ...