I've come across a few builders in the Phoenix area who are still offering 2-1 buy-downs because they are sitting on inventory. I'm wondering if investors/agents are seeing this in other markets as rates come down. Th...
So I am closing on a multi-family at the beginning of June and the place comes with an inherited tenant. Here are the facts:- Elmhurst neighborhood of Providence, Rhode Island.... I will be house hacking and it is sor...
Using the 4 square method and every time I do a calculation my ROI is never above 6%. Sometimes its in the Negative. My Monthly cash flow is usually below $150. For calculating expenses I'm taking a percentage from...
Hi All,I have a simple/stupid question. Do you factor in property management fee as part of your formula to calculate Cap rate?When I was searching for properties, the listing agent's calculated Cap rate almost never ...
Hello All - Curious to hear your thoughts on Multifamily (5 unit +) vs Warehouses vs Self Storage for first-time commercial investors. Here are the considerations, assuming the location is the same. - Which of these 3...
In my area the cheapest you can get a home is about 200k. If your lucky you score a 20$/hr job (min is 12$), and get 40k per year, and are still unable to qualify. This is a reality for most people around me, they ren...
So I'm getting ready to make an offer on a REO. Listed at $65k. It needs about $10k in repairs, ARV is $100k. I am looking at a rehab/mortgage combo at around 5% and 20% down.
Will rent for $1000-$1100
P&I - $3...
Hey BiggerPockets community!
I wanted to discuss a topic that's been on my mind lately – the idea of accepting lower cash flow to capitalize on the high appreciation potential in the Tampa and St. Petersburg, FL mark...
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Never bought a home. Learned about real estate through a friend, and just started reading about it this past week! My wife and I are moving to LA (near south of Glendale) this July for a 2 year medical training progra...