I did a small calculation on a 920k property
- 20% downpayment (184k)
- 80% loan (3.1k) a month
- monthly rent (3.5k) for 30 years at 3%
- cash flow, after deducting taxes and everything, it will be -$603
- henc...
Hello all, when we looking to buy a rental property, how much do we need to consider of city population decreasing? thank you for your advise.Danny
I've been looking in Ohio to invest since Phoenix seems to be priced beyond getting any Cash Flow at this point. I guess my first question is why is Multifamily so cheap out here, but the rents are comparable to Phoe...
How is your market looking? I have been active in my market for 5 years and this is the lowest I have seen it, not much out there for sale at all. Unless a wave of sellers list this spring, prices will be going up.
I'm trying to generate a list for Orange County, When choosing No preference on "owner occupied status" i get 8,471 count, when choosing absentee owned it shrinks to 10. Is this something with how California furnishes...
Considering on whether I should stop buying properties (MFH) with the expectation of further price drops.
What do y'all feel? is the opportunity, on average, is shrinking (a.k.a. buy now) or expanding (wait a bit)?
Hello Biggerpockets family,I am newbie to biggerpockets and RE investing, no previous experience in buying.I found a deal that I would like some advice on. This deal on paper looks too good and when I called the broke...
Hey guys,So my study shows that the South and midwest are the best places to invest in.1. How do you determine what state is the most promising?2. How do you select a city and submarket within the state to invest in?3...
What is the best way to find out if an area is good and will the cake rate grow
The local real estate market is looking pretty good for me into the future I think, or at least, better than average. I do worry a bit about Blackstone or whatever that huge REIT is (is that the right word?) and th...