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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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Hey guys!I'm curious about how you analyze and wholesale properties that make sense for rentals. I'm calling a tired landlord list, and I've seen a few times that landlords want to sell their rental properties because...
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How do y’all determine what your lowball offer will be. I use a multitude of programs and formulas to calculate my prices however I just wonder if I should start the offer at the lowest price I come up with. Some seem...
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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...
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I've lived in and around memphis my whole life, I'm preparing to purchase my first rental around the beginning of next year. One of my biggest concerns is determining the ARV because I plan on brrrr'ing its very impor...
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I have a few question about how prices for Land and Additions are changed post sale. Say there is a property listed for $975,000. Based on its most recent tax statement it showsLand : $18,445Improvements: $80,666.001....