Has anyone heard of this rule of thumb formula when purchasing 5+ unit multifamily buildings? Investor I recently spoke to uses this formula to filter properties. What do you guys think.Noi*10= Purchase price?So if my...

Dear Real Estate Experts,
My name is Sohail Ahmed, and I am currently pursuing a degree in Computer Science in Pakistan. Alongside my studies, I am deeply interested in starting a career in real estate. I plan to mov...

Hello Everyone,I hope everyone is doing great.I'm planing to buy my first rental property, started to looking at Duplex's in Windsor, ON I see that only OLD Duplex's are at reasonable prices(100,000 - 150,000) where a...

I'm at a crossroads and need some advice from those with experience in real estate. I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a re...

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We're trying to figure out rehab costs to add square footage. Anyone have a good rule on thumb? We need to add 1000sf. (Additional bathroom, bedroom and expand the kitchen/dinning), Basically "blow out" the back...

Investment Info:

Single-family residence other investment in Shawnee.

Cash invested: $72,000

Inherited jointly with my brother. He did not want any liability or responsibility in the house as it was in ...

Hello Biggerpockets.com! My name is Tom and I'm from New Haven,  CT.  For my 9-5, I work as an Information Security professional and have spent 15 years working information security and technology.  As far as real est...

I plan on having 50 units by the end of the year..what's the best/most simple software to use for bookkeeping?

Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing ...