Albert D.
First Multi-family Deal Under Contract (8-Unit)
Feel excited and nervous at the same time. Never in the multi business before. Any comments/advice on what to watch out for are welcome. Many thanks in advance.Here are some details:10%+ cap rate based on 2015 act...
Joel Allen
DoD Releases 2022 Basic Allowance for Housing (BAH) Rates
The DoD recently released the 2022 Basic Allowance for Housing (BAH) rates for military service members. BAH rates will increase an average of 5.1 percent when the new rate takes effect on January 1, 2022, which is t...
Howard L.
Property tax rate for rental SFH or small multi-units in Las Vegas?
What's the formula for the property tax rate for rental properties in Las Vegas? Is there an online calculator for this?I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to...
Jon S.
For those who've made the switch to hiring a Property Manager
For those who have transferred management of properties to a professional property manager, how has your business fared? Have your vacancy rates changed and if so how? Have your rents changed, and if so how? How have ...
Garrett M.
Lender adding points late in the game!
Has this happened to you? I’m very late in the game on multiple refinance loans and the lender keeps increasing the closing costs through increased points. Now there’s about $10k in closing costs that were not on the ...
Jessica Carcamo
When exploring Debt Service Coverage Ratio (DSCR) loans
Greetings! I am open to connect with experienced professionals in the field, absorb their insights, and build lasting relationships that contribute to mutual growth. with that said I am new to the real estate industry...
Jaran Ramsey
Lender advised he cant close under an LLC
I have a property up under contract In Cleveland, OhIo and my lender advised that he can’t close under the LLC and I probably would need a commercial loan? Is that true? Are commercial loans better than conventional l...
Craig Jones
STR insurance NREIG / Third Coast
Does anyone here have a policy from NREIG underwritten by Third Coast Insurance? I'd be curious to hear about your experience.This appears to be one of the only options I have for insuring my STR in a wildfire area, ...
Brandon Turner
Only Hours Remaining to Lock In Current Prices on NEW BP Pro Accounts! Ends at Midnight Tonight.
Only a few more hours remain until monthly fees increase for all NEW BiggerPockets Pro and Pro Basic signups.
However, anyone who has signed up for a paid account before Tonight at 12:01 AM will remai...
Katie Koehler
Is the cap rate really a reliable estimate of risk?
I'm new to the REI world and still learning the basics. Something I'm trying to wrap my head around is whether the cap rate is actually a reliable indicator of the risk of an investment. My understanding is that the m...