Hello BPers!My goal for 5 years has been multifamily investing. My friend house hacked his home. I've rented a room from him($700/month) 3 years to keep my expenses low. I've been able to save 20% down. I placed on of...
I'm looking at a single family home built in the 1930s that will require a significant rehab (HVAC, Plumbing, Electric, framing, drywall, new kitchen, new bathrooms etc). The listing is off the MLS and closing wil...
Is it bad for a house to sit vacant with no power?Concern: Tenant doesn't live in property, turned off power to house, and lives with his girl friend. House is located in Fayetteville, NC where it doesn't get too cold...
I am looking at buying a short sale home for my family and me. VA Loan financing is preferred so I can keep what little cash I have. My concern is whether it would qualify for a VA Loan. I've done the Google search...
Hey there, I'm a somewhat new investor looking to pickup my second buy and hold property. I've just gone under contract on a duplex that fits my criteria and is in generally good shape. I spoke with my inspector who...
I've looked at some brrrr opportunities duplex/quads that would need full kitchen/bath remodels, floors, paint, fixtures. It's hard to get a sense of what to expect in this white hot Austin market before I get under c...
hi
When buying turnkey property is it ok to buy property which built 100 years ago ? I plan to keep these rentals for another 30 years at least so wondering how age of house matters
Hi BiggerPockets Community! We could really use your expertise. My wife and I are looking to purchase our 3rd property and want to take something on that needs a little fixing. We plan to live whatever house for about...
Sharing some of the resources I've developed and thought I'd post it here for feedback CompingThe other element of purchasing a property, regardless of the method, is comping. Comping is one of those funny nicknames f...
Cap rate: 8-11% (you'll see in a minute)All cash deal. Price is firm. Duplex, currently 100% occupied. To leave out the boring parts, I have run through the numbers and I come up with a NOI of 10k/year. With a mixture...