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How do you value a duplex when there haven't been many that have sold. My agent sent me comps of single family houses but obviously they have sold for more they aren't investments. Ultimately it's only worth as much a...
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I currently have a home for sale and have accepted an offer over asking price. My concern is that the comps are bad. So how have you seen appraisals in this hot market. Have there been a large increase in miss appra...
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Hello in 2021 my partner and I bought an apartment in FL.The main purpose of the apartment was to invest our money to have it saved for our son to go to college.We have been renting this apartment to a family member w...
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I purchased a SFH as an investment property - I’m reading here there some CUs and banks who will allow a 80% heloc (in order to get cash for another investment ) . Is this not a preferred purpose .? When asked by ba...
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Hi BP, Can you share with me what your mobile home cap rate is? The one i'm looking at is a space rent only and does not own any of the homes. There is also a 1,400 SQ ft stick built home on the property. What is...
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I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
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BP family - I want to propose a hypothetical scenario and see what folks would do to safely /prudently increase worth and income. Assumption 1- MF owned free and clear valued at 1,000,000Assumption 2- apprx 6 CAP As...
I am looking into buying a 4-plex that has existing tenants in 3 units ( I plan to owner occupy unit 4). All of the occupied units are at $600 per month, but market rent should be $800 to $850.What strategy can be use...
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In the area I live the apartment building prices have risen dramatically over the past year. We are seeing a leveling off but I’m waiting for them to decrease to a non inflated price.
What do you guys recommend in th...
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Hi, I am new to bigger pockets. I caught the bug two weeks ago and have watched about 50 videos lol. I have a rental condo worth about 550 payment is 1000 per month HOA dues are 150 per month currently rented at 2000...