Hi I was wondering what would be the best way to prevent a house from flooding other than not buying a house in the flood zone. There is a house in the north suburbs of Chicago in a amazing school district, but its i...
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
Hi all,Would love your thoughts on this. The Building is in Los Angeles, CA. Subject to rent control.TLDR: Own an apartment building. Should I spend around $28,000 to get an additional $550 a month in rent (conservat...
Good Morning BiggerPockets!I work with a management company and team of investors in the Philadelphia area. We have received mixed feedback on security deposit/last month increases that go along with annual rent incre...
Current mortgage with VA at 2.x% with 278,000 left in South Carolina less than 4k worth in maintenance. Comps show the home is worth around 420,000 in an excellent neighborhood with potentially low vacancy rate if i w...
My wife and I are looking into house hacking a multi-family to save more aggressively for future purchases.PITI- $2300Rent Income- $3300Units all rent for $825Does it make sense to do a 0% down 4-plex that doesn't cas...
Hi all,I am in the contracts phase on a 3-family building, which I intend to use as a primary residence while renting out the other two units. The deal is exactly what we're looking for -- we've negotiated 8.3% off th...
Hi all,
I hear a lot about forcing appreciation on multi family deals by rehabbing and raising rent. Is this specific to 5+ unit properties or can it apply to 2-4 units as well?
-Taft
Cullen Jones
Indianapolis Real Estate Agent (FC Tucker)
Average Home Price November 2021: $215,000Average Home Price November 2020: $188,90013.8% appreciation in home values since 2020
U.S. 10 Year Treasury: 1.40...
Wanted to get the opinion of other folks on here. I have a property that I have a long term tenant in. It is an older couple and they have been there almost 10 years. I have only raised rent one time in the 10 year...