It’s not uncommon for investors to start out by buying properties in their home markets. It makes things like neighborhood research, rehabs, and tenant showings so much easier when you’re only a short drive away from ...
Nathan Gesner
Do you include a regular rent increase in your lease?
My lease includes an automatic increase of 3% every year. Do you include a standard rent increase in your lease or do you play it by ear every year?
How hard is it to buy a rental property in 2024? With all the buzz around high interest rates and soaring home prices, you’d think that investing in today’s market is a lost cause. But if a nineteen-year-old can take ...
When most people think about section 8 housing, they think of run-down homes, troublesome tenants, and negligent landlords. This stereotype may prove true in some markets, but for Dr. Joe Asamoah, this is far from rea...
Mahesh Sam
What is different about Chicago Multifamilies
Of all the major cities in the US, Chicago seems to have MF listings that have numbers that look better, at least on paper. I can find multiple listing in the 300-500k range and have 9-12% net cap. No other city has ...
Alyssa Balam
Help! Appraisal came in MUCH lower than ARV estimate...
We're ran into our first BIG hiccup in real estate....We purchased a large SFH in the area for $185K and took a loan out for $235K (to use as construction loan for the reno) with seemingly lots of update potential to ...
Andy Winningham
Advice on buying my first rental (Roofstock.com?)
Hey BP community! My name is Andy and I have just recently discovered the BiggerPockets podcast. I'm loving everything I'm learning and I'm excited to start getting my feet wet in the world of REI. I am curious if any...
Kyle Baer
How to analyze markets
Hey all,New to REI here and still learning so much. I'm wondering what tools you guys use to analyze markets. Alot of investors talk about class A, B, and so on neighborhoods but I'm still not sure what makes a neighb...
David Wolf
Have you ever been 1st flip in a neighborhood? Did you change you
A dilemma I am hoping some experience flippers can chime in on. Please avoid commenting until we get some real experience responses. I need real scenarios and not opinions. We are putting a house under contract at a g...
Chace Fraser
What's a good deal / the average 1% Rule output in YOUR market?
I don't know about you, but I'm a numbers person. And with all the new properties that come to the market, I use the 1 percent rule as my "back of the envelope" calculation to see if a deal is worth looking deeper int...