I am looking to pull some equity out of my paid off house. would it be wise to pull out enough for 20% down or should I pull out as much as I can to put on the investment property? (my home is worth about 80K)
Hello everyone! I am new here to bigger pockets and just getting started in the real estate business. This has been a passion of mine for a while now and after leaving a not-so-great job, I decided this was the best t...
First time investor and have been going crazy looking for deals in NY/NJ.. I have been leading towards NJ since the numbers make the most sense even though taxes are high.. it is also a 30 min drive that makes it appe...
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.O...
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
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Hi BP,I am analyzing a deal but I am not sure how much% of monthly rent I should consider as cap ex and repair. Any conservative number? Some says 5%, the other says 10%. I may put 8%. Does this sound reasonable?I con...
I’m interested in getting the communities input on a potential deal. First of all, not completely inexperienced but relatively new to REI. A foreclosure I’ve been watching for just happened in my smalll neighborhood, ...
I would like set up a land trust.
I had posted this deal a couple of months ago. The property is still listed (red flag) and I am revisiting this opportunity.Asking Price: $260,000Apartments: 9 Units (Fully rented, average rent is approximately $370/...