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Hello BP Community - Precise market timing is impossible or at the very least extremely-difficult to attain (otherwise we would all be multi-millionaires/billionaires). However, there are a few indicators in my market...
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Hi all,I'm a new investor to the fixer-upper game, but generally have been interested in buy and hold strategies. I've found a run-down property I like where I'd like to live in an ADU and rent out the house long-term...
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My very first post I told the BiggerPocket’s world that I am buying my first home! I started in January and boy was it a headache; An inattentive Broker coupled with Covid19 and a city wide shutdown can certainly set ...
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Hi all,I was curious on everybody's perspective whether buying or selling single family rentals use a Cap Rate valuation, or a more traditional $/sqft with comps. On on hand it seems $/sqft makes sense, but if it's s...
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Any suggestions on how to most cost effectively address this issue on an electric stove that's maybe 10 years old, if that?
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As part of performing my market research I have been trying to go to as many open houses in my area (in my desired ARV price range) to get a feel for what is currently available on the market, what quality of material...
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Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
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This is an abbreviated soap opera: There's a house that I'm interested in purchasing; however, there are five interests in the property: 1/2 interest, 1/8, 1/8, 1/8, and 1/8. The first owner of the home had a debt she...
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Seem like a silly question but I'm renting out my first rental in the Bronx. For applicants with multiple adult occupants, do you take the combined income for everyone into your income criteria? For example if rent is...
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Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...