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I am planning to buy rental property in Birmingham AL. Wandering what is the best area in Birmingham to buy for rental. I am thinking Hoover or Pelham. Looking for good area, least vacancy and good rental income. Any...
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I am a veteran and I tried to get a loan through navy federal for a fixer upper and they told me the place has to be move in ready and the house I’m looking at is not move in ready at all
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Hi, all quick question,I was looking at the BRRRR calculator and the rental property calculator and was wondering what the difference is; don't we buy rental properties using the BRRRR method? So why are there 2 separ...
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Hi BP!I have been growing my portfolio of six houses and a duplex by around one house per year and I like to deal in cash with no mortgage. Problem is, I am a bit short on ready cash to continue growing. This forces m...
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I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Disclaimer: This is all educational for me at this point. I have no intention of buying a...
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Hi everyone, I have been reading everything I can for a while now and I just had a quick question. I have been looking over the sticky on this forum about The REAL costs of flipping a house. Clearly all of these costs...
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Hi BiggerPockets community,
We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD. We’re relatively new to real estate investi...
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I know a lot of people claiming big profits from REOs... Let see 'em!
Initial asking price versus actual sales price and then your sales price. Wholesale, flip, whatever exit you used.
Thanks!
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Hello,Curious if anyone is tracking the difference in their proforma profit margin at deal/site acquisition through permitting? Do you tend to see a reduction in your projected profit due to delays in permitting, addi...