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I've been recently looking into some storage facilities and although I have a good idea of my area's cap rates, average facility NOI for particular size facilities, etc., I'm still unsure of the costs associated with ...
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Hello BP,I need help analyzing this deal. This is a foreclosed condo.2 bedroom, 1 bath 924 sq ft condoPurchase price: $65,000 Estimated repairs: $14580 ($15 sq ft estimate) for carpet, paint, kitchen, light fixtures.A...
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My name is Paul Armstrong I am a Traveling ICU nurse and have a strong drive and interest to move into the real estate investing world. I currently have a large DTI ratio and want to start applying this to long term w...
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Hey there, folks! As a newbie investor, I've been actively exploring the real estate market and analyzing various properties, both single-family and multi-family, within and outside of my state. However, I'm facing a ...
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I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
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I was going through this old thread and a wholesaler noted that she sells at her contract price with no markup, but a 50% profit share. https://www.biggerpockets.com/forums/93/topics/174983-virtual-wholesaling?page=2A...
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Good morning BP! I’m curious about the new tax bill that is being passed right now and how it will effect tax strategies moving forward.
I know that there are pros and cons to everything. Do any of you see this as a ...
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Can you let me know if there is a Bigger Pockets group for NWA ?
Thanks
Roy
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The average salary for a software engineer in Boston is $117,000. Let's say $86,000 after taxes. And let's say you're currently paying $2,000/mo in rent - $24,000 down the drain/year. SWE's are positioned very well to...
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Hello BP! I am 24 and have some experience investing in real estate in Upstate NY area. I currently own 1 rental and live in a primary residence...both single family. I am definitely looking to do more deals this year...