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My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
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Hello BiggerPockets!
I've had a BiggerPockets account for a little while but wasn't active at all in the past. I am investor myself, but I’m now diving deeper as an investor friendly real estate agent helping others ...
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I'm getting ready to purchase my second SFH rental in a booming Texas town full of new industry. This property is on the same street as my other SFH. Looking at the numbers, here's why I disregarded the 1% rule when m...
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Hey BP,I'm very green with two projects under my belt. One was a flip and the other was a rental that I ended up selling after a year. I made a small modest profit on both. After a couple years hiatus, I'm looking to ...
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The place to start is where you know the market, code for: where you live. Don't try to go into new markets in the beginning, shop where you live and stay close to where you live until you start to learn the market. T...
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Answer:Try the last three months of the year or the first two months of the new year! Reason 1. Motivated Sellers - With the Holidays, the new year coming, and a new school year approaching sellers are eager to wrap u...
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We run into to many people who want top dollar for their property and don't want to give much of a discount, if any at all. I know that we need to work on our conversion skills as far as using various tactics to get ...
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I have read this term, for example, "buy it 30% below market value" or something similar a lot on BP.My question to you all is, isn't market value relative to what people would sell it for anyway? So how do you know o...
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I look for homes that have been on the market for 60+ days to avoid the competition and get a good deal. Maybe it's just a coincidence but I find that whenever I tour and express interest in these homes all of the sud...
So I understand the cap rate tells you the NOI on a property and the ROI you would make if you paid cash for the property, and that cap rate is the NOI ÷ Purchase price....but my question is how do you calculate the n...