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Hello, I am purchasing a rental property subject to inspection and appraisal . The purchase price is 81K and the appraisal came out at 90K but the median price sale in the last 6 months was 116K for 14 sales in the l...
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I'm currently interested in purchasing a duplex that returns moderate numbers as a residence. However, it's zoned commercial and I'm wondering what I should do to take advantage of that (highest and best use)? Would...
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Discover the essential tools needed to analyze property and how to apply them.
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment...
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Hello everyone.......Question.......I've heard that NOI only applies to commercial properties. Can we use this measure for single family homes, duplexes or quadplexes? Can someone explain why or why not?
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I was given a listing by a broker for a 5 unit building in a c+ b- neighborhood. Not far from the subway, you can walk to everything. The broker said they are asking 850-900,000. The taxes which I found on county web ...
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Hi BP,Hope everyone is having a great Tuesday!Just wanna see what are your thoughts on this situation:We have a nice and cute 900 sq ft, 3 bed 2 bath 1 car garage house in one of the most sought after community in St....
Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...
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Hi, I'm new to bigger pockets I'm interested in different areas to earn passive income. I was approached by a friend who currently has 4 rental properties and is looking for a fifth however his debt to income ratio is...
I'm an Austin area newbie, looking to do a buy & hold kinda investment with positive cash flow. Trying to figure out if older communities with bigger lot sizes are better investment that newer homes with smaller l...
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Hey, what do you guys think about buying a 6 plex property, under market value property with one unit occupied. this would be my first purchase and I am concerned about not finding any tenants. How should I asses this...