When investing in real estate in general, and multifamily in particular, selecting the right market is critical. I personally like multifamily because this asset class outperform all other asset classes. According to ...
Hello!My name is Jonathan Atkins. I am looking to buy my first home and hold out in the Colorado Springs area. I have used the BiggerPockets rental property calculator however there are some questions I have about F...
I almost bought my first property a year and a half ago, but during the inspection things fell through. But now I think I have it. The numbers aren't too great, but here they are:Rent: $1,300Mortgage: $850 (approx 200...
We are looking to invest some money preferably in the 75k - 100k range single family homes to rent. I would be buying the house cash.
I wanted to see what everyone recommends. I recently purchased one in Fresno, CA ...
So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...
I'm looking at a deal right now - 16 unit apartment complex. Asking price is 1,435,000 and the units have been recently refurbished. NOI is claimed at 100k making the cap rate 7%. Assuming someone put down 20% on s...
Hi all! I am going to be purchasing my first home in 8-6 months. I live in the Seattle area so 3.5% down on a multi is still way out of my price range as they go for about 800k and above.My thought was to buy a 2-3 be...
Are others finding it harder to find good properties right now? In my area it seems to be the case. I try to find purchase in the 50-60% of improved value range, putting in 20% and making 30-40%. I am doing most of...
Hi BP community,If you could take some time, I'd appreciate your feedback on an analysis of my first deal. I'm investing in Iowa and i'm targeting a 10% CoC return with at least $100/unit cashflow. The property: It's ...
We are looking at a small multi in Austin, TX (centrally located), and the cap rate based on the asking price seems ridiculous (basically, the place seems overpriced by a factor of 2 based on what I think a reasonable...