Location: Washington, DC (Nearby Tyson's Corner due to work location)Status: Single. No debt. Sitting on a pile of savings. Goals: 1) Move out of the, 2) generate steady rental income even if I move out of the place a...
This is an interesting article which takes a look at the statistical correlations behind property valuations. The assumption seems to be that high population growth areas are the places that make the most sense for mu...
So I find that when I evaluate properties according to the BiggerPockets method, including CapEx monthly, including 5% of gross rents for repairs and maintanence, including 10% for property managers, etc, NO property ...
Hello everyone,I went under contract on a mixed use property back in late June that I'm converting back to a duplex. My agent sent over an addendum to extend the closing since I'm using a rehab loan and I also had add...
Hello!Brief intro. Live in Denver area, bought a house for 318k two years ago (personal residence), self-renovated the basement, house-hacked to have a renter that pays half the mortgage. Since purchase, house has app...
Pros and cons of 203k loan? Would your recommend someone to use this for first investment?
I’m interested in owning apartment building(s) for cash flow but not in working with investors. I’d like to own my own buildings and not have other stake holders who are owners.Anyone take this approach? How much does...
Multifamily Investors,
What is your favorite part of the Chicagoland area to invest in, and why?
I talk to a lot of investors, and everyone has unique criteria. Some base their decisions strictly on numbers and do n...
For those of you who were around then, what was it like to be a cash-flow investor in Phoenix in the last recession? There were plenty of stories of house-flippers losing a ton, but was it that bad for people with mor...
We're in the process of growing our portfolio over the next few years. We just closed on a 3/1 SFR and in escrow on a fourplex. We already refinanced (BRRRR) a 3/1 SFR earlier this year. We use a small community bank ...