Hello all,I am currently modeling returns on an 8-unit apartment building. The property has been recently renovated and is for student rentals as they're single bedroom units.I've yet to find a property worth pursuing...
Here are the numbers,
ARV: $150K ( Low to mid range )
Repairs: $25K
Purchase price: $96K
Using Hard Money @ 14% w/3 points
Note: Transitional neighborhood, investors are actively working the area.
My father-in-law is a builder and is helping us get started in the business. He mentioned that we could, especially starting out, probably build a house cheaper than he could because he doesn't have time to shop aroun...
Hello BP Community,I need your advice on a situation I am dealing with currently, and I am trying to figure out the best possible solution or leverage to handle this, and I would greatly appreciate your advice. Thank ...
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*This link comes directly from our calculators, based on information input by the member who posted.
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
Hey everyone,
It’s been a while! I decided to let some of the data build up a bit so I could show a comparison of Q1 2023 Q1 vs. Q2 2033. I was also on vacation during the month of July so I am a bit delayed 🙂. As y...
This is probably going to fall under the category of need more info. I've rehabbed multiple houses but have never added on. Wondering if my ballparks are even close to making sense.
Listed price: $300k, 2/1 1100 sqft...
Income growth is an important factor in determining rent growth. The two exhibit a fairly strong long-term relationship, shown by the graph below.
But if rents are growing faster than incomes (blue dots in below), th...