James Friedrichsen
Need Advice--I'm New
Hello All,
I am interested in knowing the Ins-and Outs of rehabbing houses from someone that has done it before. I am a DIY Guru but, want to know the nitty gritty of the entire process from start to finish. I am in...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Andrew Lake
Getting Educated on Rehabs
I’ve made a few offers on multiunit properties in Chicago that I would be house hacking but haven’t had any luck on getting an offer accepted yet. With my current financing, finding deals that work for me in areas I’d...
Jamal Atwell
Out of State Rental
I currently live in the DC area and unfortunately getting anything going here requires a large reserve of capital. I'm 23 so I'm still in college (last semester) and am currently gov. employed,I would like to invest b...
Sean Peters
Tenant Ignoring Late Fee Notices & Refusing to Pay
Hello all,I am currently in a situation where one of our retail property tenants is refusing to acknowledge and pay late fees as stated in the lease. This property is a family property and until recently it was manage...
Laura Romaniello
How important is ROI and Cash on Cash Return when house hacking a multi?
So, I've been doing a lot of research on house hacking and rental property investing as a whole. My plan is to house hack a duplex or triplex in the near future, and in doing research I'm finding a lot of emphasis bei...
Chafic El Amatoury
Conundrum for the Knowledgeable
Hey guys,
I'm a young starting RE entrepreneur, been studying and learning for years, and now I'm launching with a major Househack and would love some guidance. I just got approved for a 400k FHA loan, want to use...
Jean Santiago
Please help me analyze this TurnKey
https://www.biggerpockets.com/...I have been using the rental calculator, and hopefully i'm putting in the data correctly and conservatively. When i generate and look at the report, what are the main things i should b...
Jon Dawes
Keep equity for lower mortgage payment on primary v. buy cash-flowing invesements?
I'm still green around the ears but am preparing for my first rental property purchase this year. Assume for the sake of this conversation that all of my other finances are in order. I have been trying to process two ...
J. Martin
Virtual Phone Number / Voicemail for Rentals?
I'd like to get a local phone number with a virtual voicemail box, accessible online or by calling in from anywhere, for when I put rental postings up.
I would like my Virtual Assistant (VA) to be able to che...