Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Hey All,Question for the masses here. I bought a house that I intended to flip. During the project, a bunch of things came up that were addressed that made me go over budget and over my timeline. The house, however, i...
Hey BP! I've been doing a good deal of networking in my area but I want to meet more people that have real estate in their vision and goals! If you're in Cleveland, and you're a real estate investor, please connect. I...
As a realtor who specializes in 2-4 units I have first hand noticed the actual NEGOTIATED NET PRICES have fallen now on the 2-4 units. We are getting deals contingent 15-20% below comps from 6-12 months ago. You will ...
We are about to close on our first STR, and we are rehabbing it. When is the right time to do cash out refinancing so that we can move on to the next property? What equation can I use? Thank you.
We just closed on our first deal of the year. Last year, we closed on 3 100 unit complexes (they were closed with our own capital), and this deal is a small one, but a good one!
4 units all three beds
$575,000
All...
Hi everyone,
My wife is moving to Florence AL in March 2023 because of her job promotion, we are currently living in Huntsville AL. Because of the distance between Florence and Huntsville we are looking to buy singl...
I'm currently looking to buy my first rental property, but after running some numbers nothing seem to cashflow in the greater Seattle area. Is there still deals in Seattle or should I look oos?
Hey guysPlanning for buying Multifamily in a month. But seeing that interest rate may go down, thinking would it be good to buy now or wait?If I buy now then I get 8% APR, then after 6 months I would cash on refi. Ass...
Hello everyone, I'm new to real estate investing and have been browsing bigger pockets for a couple years now. I cant quite find the answer I'm looking for so here's my question:I have found an off market deal in my n...