Greg Larson
Question about increasing rent & refinancing a duplex
Hey BP,I'm considering pulling the trigger on a duplex in my area that's currently renting for $700/side. I believe it can rent for $1100/side and my agent thinks it could go for up to $1300/side.If I paid $280k for ...
David Ivy
May 2017 Market Report
*The post's title is a mistake. This is the June 2017 report.*The June 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. As I pointed out in an earlier BiggerPockets thread here, the ...
Chase Gochnauer
Commercial/Multifamily returns
I've been looking all over the place locally here. Everywhere seems to have a bait and switch return. Is this normal?Example:Price: $2.25milCap Rate: 7.3%Seems solid enough, but when I get actual detailsActual NOI: $1...
Sam Duehr
Tax Assessment after purchase
Hi all,I'm looking to put in an offer on a multi-family property soon. When running numbers on properties which seem to meet the metrics I'm looking for, I usually try to refine the numbers by getting the actual prio...
Colin L.
Please help me with comps!
How much lower would you adjust your sales price for one less bathroom than comparable sales? For instance there are two 3/2's approx 1300 SF sold in past 6 months for $325K within a few blocks, and subject property ...
Jhoana Olarte
THE HOUSTON HOUSING MARKET SHOWS NO LETUP IN SEPTEMBER
Single-family home sales jumped 9.5 percent year-over-year, with 7,035 units sold – the second biggest one-month sales volume of 2019;On a year-to-date basis, single-family home sales are running 3.8 percent ahead of ...
Sharon Tzib
Houston Housing Stats August 2016
http://www.har.com/content/newsroomHouston Real Estate Highlights in August Single-family home sales rose 8.2 percent with a total of 7,914 units sold —the greatest one-month sales volume of all timeOn a year-to-date ...
Curtis Eddie
Trustee sale in Knoxville TN
Hi! I am looking at moving my Fam to the Knoxville area. I have done flips in Vegas for over 10 years now and wanted to see if anyone has purchased home at the TR sale in the Knoxville area? Is there a steady ...
Henry Murray
How to estimate property taxes in LA county??
Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community. (Disclaimer: I’m not asking for tax advice, just fo...
Stephen W Sparks
Inheriting Elderly Tenants on fixed income and rate increases
I recently purchased a duplex with owner financing and the seller has 6 units (a quad and duplex) a few blocks away that she is considering selling me with a similar deal. The problem is that 3 of the tenants are elde...