In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
In a recent podcast David Greene answered the question of a young person from San Diego. He commented that total returns in the Midwest are poor because they don't appreciate and rents don't go up. He specifically c...
The April 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin rose by 6% to $593,500 over the past 12 months. The greater metro area’s median home price ...
Hi BiggerPockets Community,
My name is Domingo, I'm one of the founder's of Homebase, a platform enabling people to invest in rental properties for as little as $100. Our platform just went live today, and our launch...
A recent statistic from Banker & Tradesman caught my attention, highlighting a growing concern in the housing market. According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent ...
Hello BP Members,I'm an investor based out of Austin, TX having a couple of properties in Georgia. I'd like to get started with my first BRRR deal, and since I have zero-to-no experience with BRRR, I'd like to do it n...
Hey all - I'm new to the RE investing game and have some (probably dumb) questions regarding cash on cash returns. As some background, I'm looking for turnkey or close to it and would be using a management company sin...
Everyone has heard, Location Location Location, and most live by it. NOT me. Its PRICE PRICE PRICE, people live everywhere.
Thoughts ?
I am curious as to how strong the rental market is in Columbus and Cleveland. I grew up in Columbus and have family in Cleveland so I am familiar with both areas and have considered investing in either city. I am curr...
We are under contract for a 4plex. The cash on cash comes out at 13%, taking into account vacancies, maintenance, HOA ect (I used very conservative numbers). The appraisal came back at 20k lower than the purchase pric...