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I purchased a 5 acre parcel of land with a single family home this year in the middle of my town. I am working with the city to get it rezoned to develop this property. I will go in front of the zoning board next mont...
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I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
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Hello everybody! I'm trying to learn and gather all the information I need to start analyzing some properties in my area. The biggest problem I have now is how to determine which areas are good versus bad to invest in...
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Hi-I was wondering what everyone's techniques to determine if a potential area has too many rentals?I have yet to buy a property, but have my eye on some potential areas. I have started to compile a spreadsheet of ren...
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Dear BP Members,
I just formed my LLC, Got My EIN, have been reading like crazy all about real estate investing. Got Mr. Turner’s books, and many others. I have been to the Than Merrill small seminar, I plan to go to...
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I have a one bedroom duplex that I’m considering doing Airbnb, however it will cost me about $1,000 to get it ready. Is there a way to determine if there’s a market for it in my area, prior to making that investment?
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Hello BiggerPockets, I have a problem! I'm experienced enough to have had a few "almost disasters" due to contractors bad work/failure to finish/cheating me in rehabbing a condo as well as work on my home. A couple of...
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Hello BP! I have a question that I'm sure is as newby as it gets. I found a six plex in n the Phoenix az metro area, called the owners, had the current income and expenses emailed to me and began to do the numbers to ...
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Hello Bigger Pockets,I am in negotiations with a mobile home park owner who is interesting in selling their park and I need a little help determining how to calculate a Fair Market Value of his property.All month to m...
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How do you guys tell, if possible, through a chronology of mortgages, which of them wiped out previous mortgages. Obviously I'm trying to deternine the owner's estimated current balance and this kinda gets in the way....