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So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
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I'm thinking about a SFH or condo in the central west florida area (e.g. sarasota et al.). I don't live in the area so will use property management to rent it.
This will not be a business, more of a longer term inv...
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In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
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Hello BiggerPockets community,First of all, let me start by thanking all of you for being so generous with your time and being so active on this platform. I found this place by accident a few months ago and have come ...
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Are the great deals gone?Through the years I’ve been seeing less and less “great” purchases, and more and more deals to be had at “market” pricing. Currently, we are at 12.75% interest with 3 - 5 points on the loan o...
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Everyone has heard, Location Location Location, and most live by it. NOT me. Its PRICE PRICE PRICE, people live everywhere.
Thoughts ?
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I am hesitant to write this post because I don't want to brag about my successes (it's really a team effort). Besides, the kind of money I've made on this deal is just the sum total of headaches and aggravation and ti...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...