The property class descriptions often include age of the property as a major factor in determining property class, can you help me understand how much this weights when applying to urban areas or small east coast town...
OK, our first flip closed on Friday. This has been a great experience and I can't wait for the next one. Thank you Biggerpockets for all of the information freely shared.Here's the deal:Purchased for $32000.00Rehab Co...
Investment challenge - consider this a way to showcase your special investment talents :-). Plus, all of us are bored working from home so this is a good way to get your creative juices flowing...
So up front, we rec...
We have been looking at vacation property in the northern part of Michigan's lower peninsula. There are some beautiful lakes and woods near Hillman.We are thinking about VRBO/Airbnb rentals. It is a 5 acre plot on a...
I've been doing real estate math all day and it got me thinking. What was the most you had to put into a flip/rehab to make it market ready?
Have learned a ton since first deal in June a four plex, all through the mistakes. They are the best teachers.Have second deal, a duplex under contract (see below). Tenants pay all utilities and purchasing under a com...
I'm currently Looking at a commercial triple net deal. Buying the property from the owner who will then sign a 10 year lease. 750k for the property and 5500 monthly income. Property includes office space and vehicl...
I understand the concept of the Cap rate as a factor in the asking price and NOI. But I still need to understand how the cap rate can be justifiably fair. How can I safely put a cap rate just based on my asking price ...
I am currently paying $1600 ($800 each) for rent in Atlanta, GA with my boyfriend. We are desperate to lower our monthly living expenses and are currently saving in hopes of being able to house hack on a MFR when our ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $233,000
Cash invested: $46,000
First rental property as a cashflowing duplex. Went from looking for 3-4plex...