Hello everyone!I have a seller financing question for everyone. I'm excited to get my first seller financing deal on the table, but it has some contingencies I'm just ignorant on. The break down they are offering is a...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Hi BP Nation!
It's been a while. I hope you are all doing well :)
I work with a company that buys mid to large size commercial properties at trustee's sales across California. Because we have so many deals that ar...
Hi BiggerPockets Family!
House hacking isn't just a strategy; it's a financial game-changer. Have you considered how living in one unit and renting out the others can essentially let you live for free?
I'm fascinat...
My husband and I purchased a primary home in June of 2015. In October, I was offered a one year work assignment and we took it and moved to Ohio for all of 2016. We rented out the house starting on 4/1/16 and the leas...
I bought a house in 2021 and value for first appraisal came around the price I bought my house for, but this year appraised value came up way higher and I am planning to dispute it, but I have a few questions regardin...
Hi all!Just a quick question today! I'm planning on buying my first rental property in the next 6 months (see my previous posts for more info on this), and in the meantime I'm looking for ways to boost my credit. I cu...
My wife and I own a few other business, one of which is an LLC that has a lot of available funds. Would it be possible to basically become my own hard money lender by using funds from the LLC to purchase properties (u...
Hi,I am looking into purchasing a 4-plex in NE Washington, DC. Each unit is a 1BD/1BA and the building is on a 2700 square foot lot. I'm wondering if it would be possible to pop-up, add another level and convert this ...
Can you share how depreciation works in a Joint Venture? Partner brings caliptal/down payment (passive involvement) and I do the management (active REPS activity). If there is only a JV and not a new LLC formed, what ...