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I was on the phone last night with a broker who informed me that the 8% cap rates in his market are for in-state investors. He said most out-of-state investors only get 6% cap rates on buildings. I had never heard of ...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
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Dear BPers,I've noticed that this site seems really focused on residential real estate investing. I'm curious why there seems to be an emphasis in that direction here. My impression (though I am definitely a novice ...
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I was reading my REI book and pondering things and I realized that in general, single-family homes are for investors who do things like flipping, rehabbing, and other strategies that depend price appreciation. For buy...
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For a typical lowball offer on a property that you fancy that is getting no bites how low do you start? I know many factors and specifics have to be determined on an individual basis and that they can destroy the meri...
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Hello BP Community! A group of investors and myself are looking to diversify into the short term rental market. Our focus is an STR out in the ski resort areas of Colorado. In particular, we’d like to focus our attent...
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Hey everyone,
New here to bigger pockets, tons of knowledge here. I have been searching for a while now, but still always on the search for more info/or anyones personal experiences. If this has been done before, my ...
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I'm in Canada. Cheapest places in the city I live in go for about 170k, and you couldn't get them for much lower than that (no distressed housing of any sort). Now, what you get for that 170k isn't much (an old tow...
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I'm wondering what is the best and most professional way in approach another investor to try and convince them to let me be apart of their deal/project?I know of a developer in my area that just (in the middle of) pur...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi All - I am practicing analyzing some deal for a BRRRR, and believe I have come across ...