Ren McKnight
WSJ "Worst Time to Buy a House"--Applies to Rentals?
Hello everyone, happy holidays and Merry Christmas to those who celebrate! This is my first time posting on the forum; I have a background in finance but am new to real estate. Curious of everyone's thoughts on the re...
Briana Martin
Is REI just taking out HELOC after HELOC?
Sorry if this is a rookie question, I'm new to this. My husband and I are looking to take out a HELOC to buy a property out of state. It got me thinking: To get another property after that, would we have to take out a...
John Turner
Help analyzing a deal
https://www.biggerpockets.com/calculators/shared/400457/4ee576e0-3d59-4320-97af-b59ae5aabdbfSo this is the deal I have come across. I estimated the management expenses. It is supposed to be turn key but I have not b...
Thadeous Larkin
Chicken and Egg when finding a deal
Hi BP!This may be a silly question from a total newbie, but I'd appreciate your guidance.Hypothetical - I find a buy-and-hold property that, when I run the numbers, looks like a great deal (12% Cash on Cash ROI, ~$1,0...
Atul Mohlajee
I just contracted to buy another 2-Flat in Forest Park, IL.
Properties in this area are hot. I lost two foreclosure deals in the same week despite of bidding above the price. This one was listed for 184000, I bid 176000 right away. Bank asked me to up my bid, I offered 1800...
Lara Nicole
Overpriced Multi-Family listings in Washington & Oregon State
I've noticed a steady increase in most Washington & Oregon state MFs to the point where these properties don't even come close to meeting the 1% rule & would actually be breaking even or taking a loss if purch...
Luis Silva
Multi-Family Insurance Question - Replacement cost/Repair Cost
Hi all, I hope all is well! Thank you for taking the time to review my post. I have an insurance related question. Please see below:Property type: 3 UnitLocation: Kansas City, KSYear built: 1911 (older property)Facts:...
Jennifer Hashisaki
Reducing or Eliminating U.S. Taxes for Foreign Property Owners
Now is perhaps a better time than ever to invest in U.S. real estate for both income and long-term appreciation. However, as can be expected, the U.S. seeks to tax the appreciation on these properties when they are so...
Guillermo Kennedy
Securing REO properties to rehab and flip in a hot market
Hello BP Community - need your advice/help!My business partner and I are looking to rehab and flip REO properties and were able to secure funding to do so (awesome, right?) The issue that we have is getting into a pr...
Ryan McCarthy
Self storage criteria for over saturation
Want to buy or build a self storage park. I’m Afraid my market is over saturated. Is there a population density formula to determine if there is room for another one or not