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evening all. went to speak to a local bank today regarding a potential mortgage on an investment property. we have our primary home and an occupied rental. they said that the minimum down payment for another home w...
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Hi all I am a rookie investor, almost finish my rookie boot camp with BP. I live in a suburb DC area in Maryland, and look to invest outside my area. My criteria are up to $70K and mainly focus on cash flow, then do B...
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Hi,I am new to this investment, but I checked this deal and looks to me like it has so much potential. I need to know how much I can spend on this quadplex after purchase.https://www.biggerpockets.com/...
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Hi, I'm about to put a quad on the market that has been pulling $31k /year in NET profit but could be pulling more with a few more renovations. For the buyer I am submitting: 1. a 2020 P&L2. a list of the renova...
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In the quest for financial independence, real estate investment emerges as a beacon of opportunity, offering paths to wealth that traditional saving methods seldom traverse. This practical guide delves into the essent...
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Hi all,We are looking to purchase our next investment property in Austin. A few details on the deal: + We are looking for 4bed 2 bath homes in north Austin close enough to the tech hub+ We live outside the US and the ...
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Hi All! Long-time lurker, first-time poster. I've recently sold my home-improvement business in SoCal, and plan on moving my family to the Tampa/St. Pete area in the next 2 years to be closer to the in-laws. I've alwa...
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#AskBP I have heard the BP guys say in a number of webinars that when evaluating apartments, it should have a ROI of at least 12%. Is that on Y1 profoma numbers only? Is that an average across all five years not inc...
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A partner and myself are looking at a potential buy and hold property. It should cashflow very well and all the numbers work out. When looking at financing though we are torn as to which direction to go. We can both a...
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Hello,I have been sitting here analyzing properties on the MLS and haven't came across not 1 property that has a potential to produce positive cash flow. is this a sign that the market isn't in my interest to invest i...