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Hey BP family, I have a question?I am under contract to purchase my first rental property. I pulled $50k out of my current home, as a heloc. I am then getting $300k from a hard money lender to purchase said off market...
My father I bought and rehabbed a home and after all the expenses we net a little over 35K. We want to start investing in rental properties and move away from flipping. What should our approach be and we're planning o...
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Hey guys, just trying to get started here...I was wondering what’s the proper way to submit a cash offer to a seller, is there a specific form or email context? And also how is it done if I’m assigning it, is there a ...
Hi folks, I'd appreciate any insight into this situation. We purchased a commercial building with a residential unit- an attached manager's quarters with separate entrance and locked door between the residential and c...
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Hi all, I'm interested in purchasing this office commercial real estate in Western Washington. There's a small medical/dental business on the lower floor (~2k sq ft) and an upper floor (1k sq ft) that sits empty. Its ...
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I am interested in a purchasing 7 unit apartment which is listed for $1.6 million with cap rate 4.40%. $136,500 annual rental income based on the marketing material which average about $1625 per unit rent monthly. U...
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I apologize in advance for the lengthy post. A little background: I own 2 rental properties in TX. Both are under my name, and not in an LLC. (I don't plan on getting them under an LLC right now.) Anyways, I created m...
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I have tried analyzing a few properties but either my cashflow is wayyyyyy to high or wayyyyy to low. I just want to make sure I am entering all of the information correctly and the two big question marks are; insuran...
Hi everyone!
I just came across the Bigger Pockets Podcast and knew I had to come over and check out the page. My partner and I own a home together in Ventura County, and we are currently house-hacking. We are wonder...
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Hello,I am a newbie and have appreciated the great feedback I have received thus far from previous questions. Right now I am focusing on doing quick 5-minute rental property analysis to see if it meets my criteria. ...