complete newbie here but, I'm reading "the ultimate begginers guide to real estate investing" (the free book you get when joining bigger pockets) and I stumbled across the 2% rule which states your monthly rent should...
Can you guys and gals help me check out my CAP rate calculation and tell me if there is any thing I have forgotten?
Cap Rate is Net Operating Income divided by Property Cost or Value.
Net Operating Income=
+Revenu...
Nearly a year ago I bought an existing two-bed, one-bath 1,440 sq ft ranch with a two-car garage on 1.4 acres that had fallen into disrepair. The purchase was in my own name, not an LLC. The purchase price was $374,00...
1. Do you believe that the appreciation we have seen in the past (1990 - 2010) will continue in the future (2010 - 2030)? For example, markets that tripled in value like the LA market ($250k median home price to $750k...
Hi everyone – I’m a new investor less than a week from closing on my first duplex. One side is occupied with a tenant I’m inheriting (currently on a month-to-month lease) and I’ll be living on the other side. I’ve spe...
Hello BP Community!
We’re seeking your expertise to critique a new construction deal we’re considering. If you’re open to it, take your gloves off and let us have it….’no holds barred’….PLEASE.
About Us:
We’re re...
Buy n Hold with SD401K your opinion. 1. Cleveland OH2. Akron OH3. Indianapolis IN4. Milwaukee WI5. Evansville IN
Hi all,I am looking at buying a rental. What is the sweet spot for a rental? I would assume 3 beds/2 baths but just want to check. Also, is it better to buy a newer home(less than 10 years old) or buy an older one?...
I have recently been rolling around an idea for early "retirement". I'm sure I am not the first person to have considered this so I am looking for other opinions or potential pitfalls I have not considered. The idea w...
Like a lot of newbies, I suppose, I'm struggling with choosing my strategy. Ideally, my model would be 3bed, 2 bath SFRs that could rent for $1K a month or more and that I could purchase/fix-up for $75K or so. But I h...