Hey Bigger Pockets Community!I have alerts set on my phone to notify me when any new multi family properties show up in the market I'm interested in investing in. Tonight, two popped up at about the same time and when...
What are some of the most important things a new investor needs to know when understanding the difference between a good deal and a cheap property?
I'm thinking of doing some BRRRRs in Philly but notice that the population has been shrinking since 2020. BP has a great article on this here: https://www.biggerpockets.com/blog/philadelphia-real-estate-market. Appare...
I was curious to see if anyone has experience with financing and developing a condominium building? This is in a amazing location, by the way!The plans for this property call for 6 Luxury Units, each around 1800 Sqft...
I have spent hours looking online (including on here) at the CoC calculation as well as the ROI calc. Here is my understanding1. Cash on Cash Return= Annual (before tax) Cash Flow / Total InvestmentQuestion: Does the...
Oakwood Ave, Eastpointe, MI Price: 79K Rent: Listed at 900-950 20% DW: 15,800Now Im trying to figure the out of pocket cost, conventional financing numbers, and the annual return on investment. Can someone please help...
Good day!When you're all considering calculations.. do you factor in the leasing fee (typically around 100% of a month's rent -so on a monthly calculation it'd be 1/12th of a month's rent assuming 12 month leases) in ...
I am in the process of getting my first residential deal, and just making sure I’m not doing something wrong. I think my realtor is and just trying to sell as quickly as possible. Duplex in VHCOL city listed at $849,0...
Market research and feasibility reports are essential for project success. This article will explain the key elements of these reports and how they can be used to evaluate project viability.
Population
Population is...
I have done 0 deals! I am looking to get myself into real estate investing, any experienced investors willing to give advice