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Hi BiggerPockets pros, I need some advice on what i should do. We live in a very desirable town 30mins outside NYC with great schools. My primary home, if sold, is prob worth around $2M and we only have $700k mortgag...
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Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending. Im curious about how the successful private money lenders have established...
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When building ADUs, do they generally create value uplift for the property in the same way that the main house is valued?That is, if the median $/sq ft for an area is, say, $450. Would any new ADU sq ft add $450 / sq ...
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Hello BP family ! I’v been approved for a sweet private funding here in my local area of Las Vegas and I’m ready to invest ! On your first investment property did you chose a turn key or fix and flip?
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Hello BP,I am looking for my second property (SFH buy and hold) and would like a reality check on my set asides when evaluating deals. I'm not asking how much cash I should have on hand in reserves - we have plenty of...
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Investment Info:
Single-family residence fix & flip investment in Omaha.
Purchase price: $115,000
Cash invested: $32,000
Sale price: $198,000
Contributors:
Angela Thiel,
Bran...
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8 unit (2 building) property. Total rents approximately $7075 per month, $85,000 per year. Carports and off street parking. Annual expenses $12,200 (taxes, ins, landscaping, water/sewer, trash). Cost - $499,000 withou...
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I know that 3/2's are what most renters and lease-purchasers are looking for but our market has a lot of very affordable 2/1's. I have seen some homes that have literally added a "box" on the back that contains a n...
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Hi All - I am a newbie, so would appreciate any help folks could give me on a potential deal for a flip. I wasn't planning on purchasing anything yet, but then happened to find this opportunity. I think I probably do...
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Do you use Gross Rent or Operating Income (Gross Rent - Vacancy Losses) to calculate your expenses?For example:$1000 monthly rent.8% vacancy$920 gross rent.Property Management 10%$100 or $92?