For context, I am in the due diligence process of a quadplex in a C-class area. 2 bed/ 1 bath800 sq ftPP: $275kCap Rate: 7.5%This is my first attempt at BRRRRing a multifamily. Does anyone in the forum have past succe...
I ran comps using a local MLS website in the area, and my question is: Is the ARV based on the highest price in the area, or average price ? I'm pretty sure it's average, but just wanted to make sure. All the newly ...
Hi BPers! I'm just trying to figure out what is better to shoot for. Cashflow or ROI. I can't seem to find anything that gets better than 10% ROI. This is cash on cash. I do have to finance. I hear a bunch of p...
I would like to start off by thanking Biggerpockets for all this great info. I realized I read this forum a min of 30 mins a day.
Back story:
We had a fire at our apartment complex. It appears to have b...
Hello Everyone!I bought my first house a year ago and I have been house hacking by renting the two extra bedrooms on AIRBNB. I have gotten some advice that it would be a good time to get a HELOC on the property before...
I've got a property that is considered to be a fairly nice rental in my area, B+ or A-.
My current strategy is to hold this property for appreciation for the next 7-10 years, possibly longer.
The yard is becoming ...
Preface: I'm aware that I'm also fighting the emotional bias of this being my first home with my wife so my brain is making some justifications to keep it.Back in 2006, long before I was smart about buying rental prop...
Will I still qualify for the benefits of a first time home owner/ house hack in the US if I buy outside of the US first?Or should I hold on buying outside of the US until I have my first house hack here in the US?
Hi - Looking to see what others think about SBA loans and the current/forecast interest rates. I am specifically looking at 7a and 504 loan programs. Some lenders are telling me that they can only offer adjustable r...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...