Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $55,000
This is my first investment property/primary residence. I bought this prope...
Hi all! I've been binging on BP podcasts and recently just made my first offer on an income property back in my home state of Michigan. Link to the BP analysis: https://www.biggerpockets.com/calculators/shared/7...Hig...
Hi there Bigger Pocket Family!I am considering buying a house with chinese drywall. Has anyone rehabbed this? I was curious as to what else would be involved with the rehab other than the obvious (replacing all shee...
So I’m investing in Memphis, TN(first property) and very excited! Actually got this one off of the mls. It had gone stale so we went way low. Long story short it’s in a bad are but good neighborhood(relatively). Those...
I always here people talking about not getting over leveraged when doing multiple BRRR properties. Can someone give me an example of at what point someone would be over leveraged? I’m having a hard time understanding ...
Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Hello everyoneI wanted to draw on your experience in cost on replacing a complete AC & heating system (gas)Looking at a 2.5ton and 80k btu gas system to be installed. If possible would you all share cost and recom...
Property taxes are a major component of expenses in real estate. Today I found this article from Mansion Global that shows the latest numbers from CoreLogic comparing the property tax rates throughout the country on a...
Have any of you found success investing in rental properties in low-income, Class C or D neighborhoods? We've all heard horror stories related to this...wondering if anyone would like to share their investing experie...
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...