In your opinion, is the 1% rule as important? I’m considering 2 properties as they are both very close to the 1% rule. There is some upside in raising the rents but some are long term tenants.
Hey everyone!I am a 25 year old newbie from Lubbock, Texas. I have been lurking around this site for the past year and finally decided to become an official BP member. I am a very excited to join BiggerPockets &...
So I pose this question mostly because it’s the foundation of my long term plans but also because it’s not something I see discussed often. So here it is, is it better to use a large down payment and a short term like...
To the CPA's and tax professionals out there,A scenario popped in my head. Say I sold a currently owned house with 100k in profit and then used that profit to invest in 2 other properties (50k each). Would the 100k I ...
Hello everyone. I'm looking for knowledge. I want to learn how to properly examine multi-family properties. Still having an issue with cap rates and how to determine proper value. I believe I get it, but have no o...
Hi guys, I currently have 2 SFH’s and my end goal is to make $10k/mo in cash flow. I’d like some advice about how I could turn these houses with equity into more significant cash flow.House A is a rental that has abou...
Happy 2024 everyone!🎉
To start the year with a strategic approach, I intend to delve into the significant topic of Unlocking the Potential of Multifamily Real Estate! 💥
The potential for multifamily properties in th...
Hi Everyone,
Just wondering if anyone has done this before. But for my flips what if I partnered up with a contractor and split the profits 50/50. I would need a contractor anyways for my flips and this way they cont...
Hi I am looking at purchasing a potential 6 unit property with 10 storage units about and hour away from me. I don’t wanna be up there all the time and am wondering what the cost for a property manager usually is and ...
I’d like to buy my parents’ primary home at market rates then rent it back to them so they can add their equity to their nest egg and boost their retirement.Details.I live in TX and am selling a SFR in San Antonio. I ...