Nick Bukowski
Buying out of state for 1st time
Hello All,
I have been a BP member for a while and enjoy reading all of the articles people post. It is amazing how financially intelligent so many of the BP members are! I am a young investor and have a few propertie...
William Buckingham
New Member & My General Plan
Hey Bigger Pockets,I'm new to Bigger Pockets, been listening to podcast for a while and decided I need to take more action toward my goal of being a real estate investor. I'm 26 and located in San Luis Obispo, CA. Cen...
Reece Riggle
Buying a rental portfolio
I am contemplating buying a rental portfolio from a real estate investor in my area. All the properties are occupied, but they need to be remodeled. The projected cap rate is 11%-12% which is not bad at all, especiall...
Mike Lindsey
How low can you go on conventional mortgage down payments?
Hello. I recently paid off my home. I've been contemplating buying a new property that I could rent out. I have no plans of living there at any part of the process which, if I understand correctly, would disqualify me...
Julia Bu
Off-market property - local tips on location, contractor, etc.
Hi all - I'm new to REI but have been reading this site and contemplating buying a first property for a while now. An opportunity just came up through a friend to buy an off-market property in El Paso (79930). But I'd...
Account Closed
Buying Prior to Subdivision Approval
I wanted to ask about a certain strategy I read in a book called, "Real Estate Investing From A to Z," by William H. Pivar. The book was published in 1997 and is basically just a detailed look at the many possible ...
George Gao
38-unit Storage Facility
There is a 38-unit self storage facility listed on MLS with average rent of $60/unit; Built in 1998; located in Porter, TX, which is in Montgomery County (north of Houston). This is a mom-and-pop operation. The area i...
Albert Lubin
What's a true OPEX ratio for a 10 to 15 units property?
Hi, I am a new investor and I'm contemplating buying a commercial property to hold. I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is. I do have some questions...
Troy Longtine
Partial use deductibility
Here's my situation. I've currently only have two SFH, but plan to add a couple more this year. I've essentially only been doing this for a year, and things have been accumulating such as mowers, snowblowers, floori...
Natalie Weyant
House Hacking Long Island, NY
Hello BP Community!SO happy to have found this platform and very excited to get started in my path to financial freedom! I am looking for some advice and guidance and I believe this is the right place to start! I work...