When rehabbing single-family homes. What is the general condition of the house when you buy it? And what do you add to it to get it above market value? What are the special features?
I'm currently looking at 3-4 family homes in the 200-300k range to keep as rentals to get some cash flowing in. I have a few lenders who are offering me 100% stated income investment property loans. I can put 5% down,...
Hi everyone,
I am a newbie here from Houston, TX and would like to say hello as well as thank you to everyone who contributes to BP. Such an awesome place here, I am so glad I stumbled in this site.
I ha...
I have an opportunity on a 4-plex. Actual current NOI (once the current vacant apt is rented) is 46,117. Debt service looks like it will be about $43,800. CAP rate is 6.6%. DSCR is 1.05. Seems pretty razor thin, but a...
Hello BP community,For starters, I'm extremely new to the world of real estate. Currently I'm in the process of reading books/forum discussion posts, so any book recommendations or suggestions on particularly helpful...
Hey BP, I’m in a bit of a situation and I know the route I’m going to take. Just wanted to see other solutions and see what people have done in this situation exactly. I was contacted by a homeowner after I sent out a...
I have a property manager and contractor in place I trust who is able to video properties for me and recommend areas to avoid. I've seen his cash flow numbers with Section 8 tenants in place on properties he own dire...
Hello all,My name is Tony, I am 23 year old New York and an avid investor. For the last 2-3 years I was heavily involved in building my wealth by day trading and traditional equity investing. Since I began investing, ...
Looking for advice from any investors in Colorado! I'm an out-of-state investor with family and friends in Colorado, so I'm evaluating the market there. I'm looking for SFR and Multifamily, something on the more passi...
Hello Bigger Pockets!
Like many people have done before me and will do after, I’ve spent too much time reading the forums, listening to all the podcasts and reading the books without introducing myself and getting in...