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Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
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I currently have 3 properties. I am using a family members line of credit on their house to build an ADU in the back of my 2nd property and I will be in debt to them approx. 100k plus about 8-10% interest. They aren't...
Hey everyone, so I have made a few posts now and here is my next question. I am most interested in buy and hold investments, I have done enough research and reading to get the concepts of it and the term I have heard ...
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Hello. My partner and I are both starting out and bought a SFR to buy-and-hold. We made the mistake of getting absolutely nothing in writing. He was unable to qualify for the loan, so I took on the mortgage. Two month...
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I told myself I wanted to have a firm grasp on IRR and have been researching online. I feel like it's easy to over complicate this and I've confused myself unfortunately :)..
The definition of IRR being the discount ...
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I'm in the process of building out a management company in Cleveland, Ohio but have no idea where to start with pay structure. My wife and I are among the best operators on our 2 units and we are completely confident ...
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Hey everybody,I’m sure this has been answered somewhere but none typically fully answer my questions;Should I hire a GC for my future flips?A bit of background on myself, I’m 23 and am new to real estate investing. I ...
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I received an attractive cash offer to buy my one and only paid for rental property. I'm relatively new to the real-estate investing world and am struggling to mentally calculate and quantify the offer in comparison t...
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Greetings Bigger Pockets Community!Along with my business partner, I've been doing flips in Central, MA for the better part of a decade. We've learned lots of the building codes, regulations, rent and valuation prices...
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Good afternoon BP! I am getting into wholesale in the Chicago land area, so far I have had little trouble getting in contact with "motivated sellers" and getting things under contract. I am working on getting my first...