Hi BP,Another quick question as I continue my journey towards first purchase. How do you seasoned investors budget taxes?In CA, it seemed like purchase price became the new basis for property tax, but in Columbus and ...
Got an airbnb friendly or LTR Renovated 3plex 1 block from a beautiful santa cruz beach. Had it listed for $2M, then got two offers at $1.8M (one was cash!) within the first few weeks. We countered both and both wal...
So as I understand, a CAP rate is based on NOI. However, I’ve also been told that CAP rates have to do with risk. Question, why would I want a higher CAP rate if it brings increased risk. For example taking a 6 CAP...
We got a lead for a storm damaged house in Dallas. It was hit by a tornado two months ago. The neighborhood is great and only few homes were hit but the rest look great across the street. The house is severely damaged...
When viewing property tax history on Zillow, I frequently see these huge jumps in property taxes from year to year, sometimes 100% increases (see attached example). Sometimes these are rehabbed houses, but many times ...
I think about data a lot. In fact, it's what I do for a full time job (data scientist). Part of what attracts me to BiggerPockets is the valuing of clear metrics such as COCROI, being careful about estimating potentia...
When i am looking to wholesale a property, do i look for off market property? I am based in Rhode Island and when i search on zillow i see a lot of property FSBO that does not really need work. Can i still make deals ...
Communicated some recommended suggestions to moderators. But wanted to make sureKey is do a comparison of Bigger pockets versus other forums to identify improvement areasYour first response will be to dismiss the exam...
Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...
Most wholesalers I’ve seen have offered properties under hard money/cash only contingencies. Does acquiring wholesale properties through regular financing, either QM or Non-QM loans for example, even exist?