Brad Park
2% rule Minneapolis
I am starting to analyze some properties around SW & S Minneapolis by using the 50% & and the 2% rules and I am not seeing anything that is fitting within the parameters. Am I missing something? So basically...
Tareq Salaita
How much money do you think BiggerPockets made last year?
While we are all trying to make our nickels and dimes in Real Estate, I was wondering how much money BiggerPockets makes? I know its not a publicly listed company and there is no way to know for sure. What would you g...
Cal C.
My property is still down over 40%! BEWARE!
I've written about this before but I just had an appraisal come back for one of my commercial properties. It literally appraised at 50% of what it appraised for in 2007. I put 20% down on the building and I've paid...
Mike Irwin
Short term rental
If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence? Is there time limits to convert, I understand that there may be...
John Lee
Critique my analysis on a deal
6 fully occupied duplexes, cap rate 8.5%, tenant pay electric & cable. Room to build a few more duplexesWhat is wrong with my number? If seller said 8.5% cap rate, maybe I put expenses or too high? property tax se...
Bill Schrimpf
Source of income is now a protected class in Vegas
Wow - Clark County NV has made source of income a protected class. According to the FAQ they provided, property owners are not allowed to say "two years of steady emplyment required". How will property owners handle...
Marc Nespoli
Help with Lease Option in PA
So I'm working my first lease option agreement and have some questions on legalities. First a quick overview of the situation. I am a Realtor and had a referral come to me wanting to sell her parents home. She lives ...
Rich Hupper
Can someone Analyze my Deal
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
David Weiss
As a buyer with a $1.5mm budget, which option would you go with?
Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
Ross Y.
Evicting Tenants on 4 plex under contract
Team! The BP community got me started house hacking 5 years ago and now I’m up to 9 doors with this one! Thanks!!I’m under contract on a 4 Plex in San Diego area. I was looking for some collective thought on my approa...