I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
Hi BP family,I am a software engineer from SF Bay Area. Working at one of the top companies in the world, I love my job, earn a very good salary and have no plan to quit.My buddy (also software eng) and I have quite a...
What are come common exit strategies for a buy and hold investor? Considering investing in properties with little or no money down. If I need to sell, I'll incur the typical closing costs which would essentially mak...
I am bringing you this information directly from the summary of provisions outlined in the bill that just passed entitled "The statewide housing security and Tenant protection act of 2019". Please note this is...
I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
Hi All,I'm looking to buy my first multi-residential/commercial property but so far it's been very challenging and time-consuming to find a great opportunity. I'm wondering if there are any CCIM designated broker, rea...
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Hi All, I am looking to get your opinion as to what you would do if you were in my situation.. and what I potentially can do.Situation:I have some not so ideal inherited tenants that I have been living next door with ...
I have been asked to manage a property for someone that is moving out of state. I was approaced by him because I have two rentals that are in the same neiborhood of his. I manage my own properties but was wanting to ...
Hey guys my name is Amber and I’m new here to Bigger Pockets. I’m a new real estate investor who has successfully house hacked my first duplex in Naples Florida and I’m hungry for more.
I’m coming here to look for a...