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A buddy of mine has his house on the market and they've had 0 offers in 4 months. He is asking $147,000, which is probably a little high considering the condition of the home. I think it's more like a $135,000 to $...
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Good Afternoon fellow investors!!I’m contemplating putting an offer on my first multifamily (2 fam) and I need some guidance on the deal. It seems like cash on cash return and cap rates vary from area to area. I know ...
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I am looking at buying a single family with a renter already in it. I have requested the payment records and lease agreement. What else should I be looking for?
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Hello Everyone! My wife and I are hoping to start our REI journey and are targeting house-hacking as our first strategy. Our plan is to finance with an FHA, live there for a year, then move out and rent our unit. We...
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(First Time Home Buyer / House Hacking)
Hello BP Community,
I’m based the Bay Area, Ca & have fix n flip experience in this market. I’m new to the rental side of the RE business & searching for a multi-fami...
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Hello BP friends, I've been extremely laser focused in on trying to get into real estate investing this year and have a goal to buy a good cash flowing deal before the end of the year. Ideally a 2 to 4 unit in Thurst...
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Hi There!My fiance and I are looking to buy a SFH as well as an investment property in San Diego. The only issue we have run into is the prices and bidding wars.Every single home we have looked at for personal use or ...
I have two rental properties which I bought 4 years ago. My initial investment in each home was $40,000. Our market has gone crazy, and at this point, if I sold, I would net around $150,000 on each house after taxes...
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On October of 2011 I found Bigger Pockets and I can honestly say it was and will continue to be a major driver for the success of our business. Back then I had been a homeowner for 5 months (a lovely ex crack den) an...
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Let's say I buy a 50 unit apartment complex. My mortgage is fixed. Expenses such as taxes and insurance will likely rise slowly over time. Now if I raise the rent $50 per year on all 50 units (perfect scenario to demo...