Hello everyone, I am VERY new to real estate investment, and tend to be very conservative when it comes to any investing but I am very interested in real estate and have the capital to invest. I live in CT but would ...
I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...
I'm totally new to Real Estate Investing. But after reading so many times that $100 a month profit is the goal, I'm left wondering how can this be good? By my estimation I'd need 40-50 houses to make a decent living...
Hey guys,
I recently met a seller who owed nothing on his property. It's a good property, under 10 years old, 3/2 with 1300 sqft, etc etc.
The house has comps from 70k (fixer) to 90k (move in condition). It can rent...
Hello everyone, I am in the process of buying my first real estate investment property and I am hoping to gain some insight into a particular situation that I have found myself in today.A little information about the ...
Hello! What are my fellow BP member thoughts on this language? Does it specifically prohibit short term rentals? I'm not seeing that it does and I am living in an ideal situation to move out and STR. This is not a...
I did a post about my first rental purchase here (https://www.biggerpockets.com/forums/223/topics/67...) which took place last month. During the time of acquiring the rental property I also came across an opportunity ...
My name is Shiloh Lundahl and I am an investor in Arizona. A few weeks ago/months ago, I wrote a post about having a Millionaire Mindset vs. a None-Millionaire Mindset and @Mike Dymski stated "You're looking for a ma...
Hi all, New investor, have spent a few mos doing my research. There's a few concerns regarding Turnkey Providers (+ any investing in the common markets) that I have. This might be slightly rambling and maybe i'm cyn...
Curious what people thought about raising rents. I and a partner have a 6 plex locked up and rents are under market big time. They are currently at 505-550 and should be 650 or so. Would you advice immediately rais...