Hi!I am a new At investing in Real Estate. I am currently on my 2nd flip. The 1st one went beautifully but I am having trouble selling the 2nd one.I have a hard money loan on it, and I am just about at the point where...
Hi Everyone!My wife and I are closing in on a year of our house hack in Albany, and are looking to expand across the river with a BRRRR tax lien deal in Troy. I've been running some numbers and lining up financing thr...
I'm in the Minneapolis market and I'm aiming for an 8% Cash on Cash Return. I'm buying for cash flow and I'm coming up with about $75K per unit while the comparable sales that are listed are about $150K per unit. I'm ...
Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly. Please give me feedback!First, I type in the zipcode to look up th...
Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
While using the site Zillow to browse for multi family investment properties I have noticed what they call their "Zestimate." (their estimation of the home's value) I would like to know how useful other investors hav...
Hello friends,
I am currently under contract with my first STR in northern Michigan. The location we chose will be a 4 season rental (skiing, snowmobiling, boating, fishing, golfing) with lake/dock access. Our offer ...
Hello Bigger Pockets,Would you please provide feedback analyzing our first "big" deal? We have 1 duplex and 3 SFH's however this is our first commercial and it's mixed use.This is a downtown "main st"-type property i...