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I have a property in Grand Junction, Colorado that will go on the market soon. I am considering placing the proceeds in a 1031 exchange and investing it in a couple properties in Houston, Texas. I know some of the 103...
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The recurring theme on Bigger Pockets is how hard it is to find a good property manager. There were also several topics when people were gouged by their property managers for small amounts like $200 and larger sums.Wh...
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Hi, I bought a condo about 4 years ago and lived there until recently. Given the massive price increase an my area (Naples, FL) and the restrictive HOA when it comes to rentals (not more than 6 months, has to be re-ap...
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Can someone please explain exacltey how do CAP rates work, does it go off the sales price or the money you put into it. lets say an apartment building for $500,000 with a 10% cap rate. Does that mean $50,000 a year in...
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Most MHP I see for sale have 60, 70, 80% MHP owned homes. The sellers show the NOI for the lot rents + rents on the mobile homes, and then CAP that at 10-15% and put it up for sale.Isn't the proper way to value these...
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Hello Everyone,
I found a multi-family complex I want to purchase in Florida. I need to figure out how to make the financing work for me. Any suggestions?
Thank You
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With rates at the current rate and assuming majority of landlords/homeowners refinanced in the 2-4% range over the last 10 years, I just started doing research on assuming a mortgage. After reading some older forum ...
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Big5 to all bigger pockets members.I am looking for some investment oppurtunities in Austin area. My objective is to learn, grow and succeed as a real estate investor. Mostly looking out for cash flow properties.
Hi all. I am new to the BiggerPockets community. I'm a flipper and licensed agent in Orange County, CA. I have done a few flips representing myself on the buy side but have so far have employed other agents to list...
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Like any place, there is always a "good" and "bad" areas. Of course, there are "decent" areas too.Interested in a property in Union City but I don't know if it is in a good area. Can someone tell me which are the good...