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Hi Everyone!We have recently been talking highly of real estate and Bigger Pockets with our friends and, much to our surprise, a friend offered to partner up with us so we could do our first deal! Together we have eno...
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So long story short - I've agreed to terms from the seller to purchase a parcel of land in a rural area. The land itself is fine - wooded but flat, zoned for residential building, etc. However, the only way to access ...
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Very new to wholesaling, and REI, looking for direction. I understand that I need a purchase contract to hold the property while doing due diligence and finding an end buyer. Then an assignment contract to assign the ...
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Good evening bigger pockets! I have a question I can't seem to find anywhere online.. I have found a 6 unit apartment that has been vacant for quite some time now. I have been trying to run some numbers but its extrem...
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I’ve recently come across a potential fix and flipper or fix and hold apartment complex. How do I go about calculating comps on a multiplex? How do I determine the ARV? According to cad they are multiple sizes and the...
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Hey all,
After my research, I concluded that I want to purchase my first duplex/triplex in the Chicagoland area through an FHA Loan. I'm looking to begin the search for a property a year from now (December 2022/Janua...
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I just want to be sure I'm using the 50% rule correctly.
I'm looking at a property, I estimate the property will produce $650 per month in rent.
So the 50% rule assumes that expenses such as maintenance and vacancy ...
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I am considering some duplex properties where I could add value by converting 2 car garages into a 1bd. 1ba. apt. I am in the process of figuring expenses to determine the conversion costs but am having a hard time de...
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Of course you are familiar with google maps. But did you know that you can learn the prices for what homes are selling in a specific area?
Simply type in the search box at (www.googlemaps.com) the address of a proper...
Hello all, first time poster here.I've recently been looking into rental property investing and after watching several videos and reading blogs, I'm still confused on one thing: how to visually analyze a deal.All the ...