Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...
Hi, I'm looking to start MTR business in Socal. I'm looking to target travel nurses, corporate professionals, and insurance displaced individuals. What kind of properties should I target? 2/1 apartment units? Studio u...
BP Community,I recently came across a deal in Ohio for over 100 units and need some help on it. The property is 50% occupied and currently doing about 80k in NOI (Seriously Underperforming). Cap rates in the area can ...
I've read people saying one of their worst mistakes was buying in a depreciating market. ( I'm assuming they paid full market value) Does it make sense to buy in a depreciating market if the price is 40 cents on the ...
Renting on a home can cost upwards of 1500 a month for a lower end home, and you get absolutely nothing out of it, except having a place to live, but having somewhere to live won’t make you money, it’s not an asset in...
I wasn't sure which section it was best to put this under so hopefully it won't be too out of place here. Love the site and appreciate you guys who take the time to offer advice.My situation in a nut shell is as foll...
Hello, It's well known that prices of houses are very different in various parts of the country. It seems like houses are cheaper in the Southeast of the US, but wages are also lower in general in those areas. My...
Hey! What metrics do you personally use to decide whether a property would make a good buy & hold investment or not? Cash on Cash?Discounted Cash Flow?Internal Rate Of Return?Net Present Value? Cap Rate?A combinat...
Hello Folks,
New to the forum. In short, I am a Canadian investor and currently own 2 SFHs in Winnipeg, Manitoba.
I am now interested to expand my portfolio to Cleveland, Ohio. Visited the city in spring and becam...
Has anyone here ever turned a SFH into a duplex? I'm looking to do that in the Indianapolis, IN area / vicinity, and wondered if there were any thoughts about that in the Bigger Pockets community... (I know there wil...