Hello all BP guys and gals,Decided to do a quick introduction to this amazing site. I've been peeking around for the last few months and have recently become more serious about buying an investment property. BP had be...
I have been pre approved and I’ve studied the area but I don’t have any capital to rehab but I see good deals. What are other ways to cover the cost of renovations ?
Hi All,
I understand that:
CAP rate = NOI/purchase price
Value = NOI/CAP rate
So, if I want to establish the VALUE of a property, how do I get the CAP rate?
I took the following notes in a...
Hi all. I stumbled upon BP after finding what looks like a great opportunity for investing. My name is Ben, 31, in Portland, Oregon with no experience investing in real estate - my wife and I bought our first hou...
I just bought my first rental house in the Bronx and am currently renovating it. Once the renovations are done, I would like to rent it out ASAP. I came across very useful articles on this site, include this one abo...
Hello, I've got a B+ property grossing 1200/month, and need to replace the kitchen floor. I plan on holding this property for many more years.The rent is coming up for renewal, so I plan to increase it. Would apprecia...
Hi BP Community,I have been in a 2 year battle with an experienced squatter tenant that knows how to work the system. I have finally gotten a court date to get back possession of my property on March 15th, 2022. I h...
I’m going to take a property under lease with an option to buy in 5 years but can execute option at any time. Owner is motivated to sell and we have a good relationship. Has a good amount of deferred maintenance but n...
Hello all, Jeremy here from Utah County. I’ve been doing a ton of reading and studying about investing for a while now and I’m excited to get started. BiggerPockets seems like a fantastic community of investors. I’m l...
I recently started school in San Jose. As majority of you know, prices are extremely high here. Back when I was living in Wyoming I had the plan to house hack with an FHA loan in a 4-unit. Now that I'm in the bay and ...