Hello all, after doing tons of research. Close to buying a 3-unit family and then backing out because I did not feel the cashflow amount was worth it. I was thinking about going bigger after watching a bunch of youtub...
I have been reading about investing in Class C multifamily in Phoenix lately... When I google what is out there on the Phoenix market, not looking good to me?? The properties all look very run down in poor locations.....
Hi all! I'm new to Real Estate investing and I am in Northern VA (near DC) area. I'm looking to purchase a property in this area or Maryland. I'm willing to live in the house for a while, househack then rent it out. ...
Here's a close up:
Yep, this is what I did today. Had a water leak coming in on top of the window, where a shingle was broke. So rather than spend 2 hours repairing it in the rain, I just...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
I've made my career in raising private capital and deploying it unleveraged into C class rental properties and recently for the last 3 years into Mobile Home Parks. Very conservative model that typically pays 12-15...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Hello, BiggerPockets Community!
I’m looking for guidance on progressing my real estate investment journey and would appreciate any advice from experienced investors. I am inexperienced so please be mindful of tha...