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Hello BP,What is the best way to determine market value on a commercially zoned property? Two separate units being used as residential/office space. The real value is what I could be turned in to, but that would be a ...
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I am shopping for my first investment property and I came across a duplex that has been on the market for over three months. The asking price is 210k but my agent says it’s only worth 180k in its current condition. Th...
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Looking at a deal and need advice since only experience has been residential investing of single family. Here is the info I have for 2016. This is a 16 unit apartment complex that are all 2/1 units.
Income 123,440
...
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Hello, I am currently serving active duty in the Navy and I am about to get out and begin my journey in real estate. I am currently trying to find a low interest loan that will help me buy a distressed property that I...
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Remember last year when homes were toured on a lunch break and under contract by dinner? This market shift has been fun to navigate with clients and the stabilization is welcomed, in certain areas. I wanted to start t...
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Hey Biggerpockets family!So I'm looking for some advice from investors. Im currently actively looking for LTRs in NEPA and I keep coming across the same setback that is making me second guess potential investments. Im...
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I see investors with numbers that seem very low and some with numbers that seem unrealistic.
I tend to see 14-16% ROI on average, but I've seen as low as 10% and as high as 40% for residential rentals.
I'm curi...
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We recently built 2 single story apartment buildings. Each building is 7 doors. We need to borrow against the buildings to invest in our next property that we have run low on cash flow to finish due to all the in...
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I'm currently in a 1 year balloon mortgage that is due to mature in May. The home is my primarily residence. My wife and I have jobs and our credit score is roughly 580. Are there any programs that will allow us to re...
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Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...