Account Closed
Buying a property in a FLOOD ZONE
Can anyone give me some insight on what to expect when buying a property that is located in a flood zone. What extra expenses can I expect as far as insurance ect. Any hidden surprises, fees, or laws I will have to ...
La'Terrius Campbell
Cap Rate on Vacant Multifamily
How do I figure out a Cap Rate on a vacant multi family considering it doesn’t have any income at that moment, but could rent out 750 a unit and it has 7 units?
Ross Baggay
Raising Rent In Norman Oklahoma
I am renting out a house I own in Norman Oklahoma. I currently have tenants in place with utilities included in their lease. They have been using much more electricity than I expected. My question is: am I able to rai...
Corwin Hernandez
What if I don't account for expenses?
Hello BP, I just love asking questions and getting people's insight. So I have a friend who I try to explain some real estate things and he had a question. Being on Bigger Pockets, I've learned that you put money away...
Colton Joseph
Stated Income loans; are they back??
Hello all, first let me start off by saying I have been reading some threads about the return of stated income loans, which appear to be picking up traction again. I am a real estate investor looking for a stated inco...
Ben Hofstra
Predicting City Growth - What Trends & Data Matter?
Hey everybody, I am planning to buy my first investment property in the form of a house hack in the next year and a half. My current goal is to narrow down areas to look at so that I can start paying closer attention ...
Wesley Bryant
Longterm rental IRRs
What’s a realistic IRR to expect on a long term rental in the current market? I found a house in Atlanta that comes out to an IRR around 11% when I run the numbers, is that good or should I look for better? That’s wit...
Robert Adams
Interest rates on the rise now that the election is over...
I can't wait for this wave of political back and forth to be over. It is exhausting reading through all the posts and threads and status updates etc...On another note what is everyone's thoughts on interest rates in t...
Derek Lamonde
A lower Cap, but higher appreciation potential or vice versa?
Hi All,I'm extending offers for two, 2-unit properties as "buy and holds" with a lot of upsides, but unfortunately I can't have both so I have favored price-points identified. They are both A properties, but one has a...
Brian Campbell
Cheap Siding
Is vinyl siding the cheapest way to side a home? I just bought a small rental home that has asphalt shingles for siding. It looks terrible. I am removing the shingles and will replace the siding. Please let me know if...