This "investment" property just went pending at 643,000 here in Oakland. It's a 2 unit each 1 bed 1 bath. Realistic rent on each unit is max $1800. $43200 gross - taxes of $9452 (actual tax for this house) insurance ...
Hi, I'm Charles, but you can call me Chuck from East Brunswick, NJ.
My wife and I decided to start the journey into Out of State Real Estate Investing. We've been listening to the BiggerPockets podcasts, hundreds it...
Hey BP,
Just had a thought as I was reading through several appraisals that I found online.
When underwriting a property I've been taught by @Michael Blank to apply rules of thumb for expenses to the T12 income an...
Hello BP, I have just recently finished my pre-licensing and filled out my TREC application. I need help deciding on a brokerage and whether or not I should be on a team. Also, how much should I realistically have sav...
Investment is considered to be the only way of securing your future, especially your post retirement life; however choosing the right investment option that will give you a better return as compared to other available...
I'm looking into multiple markets for multifamily rentals . But I'm not sure how should I set my mini cap rate while searching and filter properties. for example I'm looking into Oakland Ca, and Austin Tx. and averag...
Just curious to see what people’s go to strategy for creating wealth is. For me when I need some fast cash I’ll flip cars. I can buy and sell roughly 4 per week as long as I can keep finding deals. I can profit aro...
I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most ...
My mortgage broker is saying that the rate on rental Fannie Mae ARMs is very bad compared to 30yr/15yr fixed. While the latter is only 1/4-1/2 point above owner occupied house, the former is 1 point above.I am looking...
I have a client who develops affordable housing. We want to crowdfund their projects in tranches but the only way it pencils is if investors get paid over 5 years amortized. Even though it pays a 10% annual rate, I'm ...