Curious as to what IRR you look for in a value add MF. I spent an hour or so building a model with some guestimates. Kinda curious how far off I would be. With no rehab I estimated the IRR to be 12% and w/ rehab 22%.H...
My target price is around $550,000. Looking for strong long-term appreciation and at least neutral cash flow on a 30 year mortgage including property management fees. Looking for a standard three bedroom two bathroom...
Hello everyone,My name is Anthony and I'm from Union, NJ. My background as a paralegal has spawn a keen interest in Real Estate investing. Of recent I've canvased my surrounding neighborhood via driving for dollars in...
Hi BiggerPockets! I’m a new investor from SoCal looking to get started with investing out of state.
My chosen strategy is long term buy and hold focusing on cash flow and I am looking for:
- $100k or less purch...
Property is 1,148sqft, 3bed, 2bath, family/living room, kitchen/laundry.Work that i would like to do:- brand new kitchen- 2 brand new baths- all cosmetics brand new- some if not all windows need to be replaced- conver...
Good day BP!!! I recently went to visit Detoit and found it to be a nice, friendly city with a lot to do. Never been before so I wasn't sure what to expect. I walked a neighborhood in zip code 48207, there were vac...
Hi and nice to meet everyone! I have been interested in real estate all my life. My mom liked to move a lot so I would always accompany her house hunting. We also used to wander around new build sites and envision flo...
I wanted to share something that has been going on up here as I believe there are lessons for everyone, and I don’t think this gets coverage at all in the US.
Up here in Canada we have had interest rates increase at ...
Thought a few of you might enjoy this article on investing in Yuan with Chinese bank accounts:
http://online.wsj.com/article/SB10001424052748704307404576080222812076888.html
I'm in WI, where nearly every house has a basement. I've always kept away from anything needing any sort of major basement repairs, mainly because I know it can get VERY expensive VERY quickly.
I looked at a house t...