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Hi all,
Looking at a 2nd rental property for cash flow and long term hold.
I've found the following, please let me know what I may be missing as far as my numbers.
In Utah: healthy market in this city with projec...
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So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
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Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
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Hello Smart Money!I have a seller who has an off market property and she would consider owner finance and a creative strategy. She bought thr property 3/9/22 for $999,000Has a $590,000 MortgageThe property has a sepe...
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Hello everyone! I know times are tough right now and the worst part of it all is the uncertainty and the lack of control we have dealing with this coronavirus. The only thing we can do is prepare ourselves for the wor...
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Hello BiggerPockets community,
I'm relatively new to real estate investing and would like to seek some advice regarding a property I recently found. The house is listed for just under $600K, but it has significant da...
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I’m looking for a multi-unit to house hack in Chicago. I work at a real estate company that does broker referrals and I get $3K closing cost credit if I use one of their brokers, so I’ve been working with a B&W br...
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Hi everyone I am very new to wholesaling and might be coming across my first deal. Im so nervous on how to move forward with this. I found a home for sell and the homeowner is willing to sign the contract, I just need...
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I've had a lot of deals like this come across my desk, they are 5 million dollar and above. These are preforeclosures and REO and they are negative cash flowing usually because there around 50% occupied.
How do I va...
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Good Evening to most of you, I am looking at picking up a pair of duplexes each for $144,800 and was hoping that the community could give me some feedback on the purchase. I am in the military so I am looking at this ...