Hey Folks,
I'm under contract to buy a 4 unit building, 3 prime residential with ground floor commercial. The residential are large (2000+ sq ft) but only three bedroom. I'm considering adding a bedroom to each in th...
Hi all,
Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.
Here is what I see as potential +’s and...
In 2018 the average US home price was $248k
In Dec 2023 the average US home price was $382,600.
An increase of roughly 50% in 5 years.
$100 in 2018 buys about $80 worth of goods in today's purchasing power.
A d...
Hello BiggerPockets Community,I was listing to/watching one of the BiggerPockets webinars, and Brandon Turner mentioned that he liked 2, 3 and 4 family multi-unit properties because they are considered residential... ...
Cashflow Analyzer spreadsheet (feel free to create a copy for yourself and play around, or add comments directly in this sheet)
Hey! I created this spreadsheet to compare properties and see how each will affect my ne...
Hey BP.
I am currently looking to move from NY to Louisville. I read on the landlord-tenant laws that the landlord is in charge of paying the utilities. That is around 350 a month. From my understanding, some tenants...
You must be tired of hearing the ‘experts’ saying that NOW is the best time ever to get into the buying spree. And I must tell you that the statistics generally tend to support this statement. Just by looking at t...
I've read people saying one of their worst mistakes was buying in a depreciating market. ( I'm assuming they paid full market value) Does it make sense to buy in a depreciating market if the price is 40 cents on the ...
I have a family member who owns a leasehold SFH in Waipahu. Mortgage is paid off but the lease has just exited the fixed rate portion of the term so the monthly rate has greatly increased. There are still approximatel...
Hi All,My Wife and I recently acquired our 1st rental property and inherited long term tenants along with the existing lease. Now the lease is set to expire soon and we'd like to increase the rent and incorporate a co...