So more of a curiosity question.....what's going on in West Texas? The state is on fire - business friendly, good weather, low taxes (with the exception of property), jobs, growing population, etc. It seems Dallas a...
Hey all! I am thinking about buying rental property in Indianapolis, or Indiana due to lower cost. I would love some opinions from people who don't buy property there or who own rental in this state and why they do it...
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
The first step in buying real estate is evaluating the market. When evaluating a market for multifamily investments, one particularly important factor to analyze is employment trends. A strong market must have a track...
Hello Bigger Pockets Community!
I am excited to re-join this vibrant community of real estate investors and enthusiasts. My name is Joseph Adebayo, and I am new to the world of multifamily real estate investment. I c...
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
It started with a phone call from my rep. The owner picked up the phone in a grumpy voice. The owner said he would be open to selling his 28-unit apartment for $48k per unit. Most apartment properties in the market ar...
Hello Bigger PocketsA little over a year ago I started my real estate investment journey. I started to consciously save/invest my money as I prepared myself to make my first investment in real estate. I studied, read,...
Read this the other day regarding Donald Trumps recent executive order on examining the affects of regulatory barriers at the Federal, State, local levels on the availability and development of affordable housing. htt...
Hello Bigger Pockets stratosphere!
A quick question for you all. I bought a small piece of land about 5 years ago to accompany a rental house that I thought I might sell as a single family dwelling at some point. ...