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Say you’ve bought a 24-unit apartment building that generates $24,000/month in revenue ($1,000 per unit). This is a value-add, and you think you can improve the rents from $1,000 to $1,400, which would equal to revenu...
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Looking to buy an investment property (40+ year) that requires significant repair
Is it worth investing in such, or wait till I save money for a better house? What are the things I should lookout for ?
Are restorat...
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I can certainly see the benefits of say, a real estate agent of getting in FB. But for a real estate investing company I am not sure I can see the strategic use of FB business pages.
I have gone ahead and created a ...
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Hey guys,
I have been following BiggerPockets now for about 2 months.
I have learned a tremendous amount in just a matter of weeks. I read here. I listen to podcasts here. The site has everything!
In addition, in...
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what is considered a good return on a rental investment?
I am considering a deal but not sure if the numbers are decent to even bother.
Purchase price: $50K
Yearly rental income: 15K
Yearly ...
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Has / does anyone of the BP members or someone you know use / used it? Just wanted to get some opinions before I purchase the software. Its seems like a good buy that would assist REIs in all aspects of the busine...
Hi I am doing a 1031 exchange. 330K in the fund, only one of the 3 identified properties is going to work out, and on the form the value of the property was 200K, i will end up buying it for 230K. this property is cu...
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Hello BP!I know I should seek the advice of a competent CPA or Tax attorney, but I wanted to get some opinions of others prior. I understand you aren't giving tax or legal advice, so the disclaimer is out there.I hav...
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This year we purchased several bank owned properties requiring moderate rehabs. We spent 12-30k on each house to get it to an above market quality for rent. This rehab amount includes:
Contractor Labor, carpet, paint,...
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Hello all, I am having serious trouble getting my first deal. I spend hours looking for leads on prop stream and trying to get phone numbers for these potential sellers. Please pass along swole advice or tools I can u...