What GRM range should one stay in when buy multi families and mobile home parks?
Thanks
Jordan
Hi everyone from BP,Here is the description of the house:Bungalow235k, I will need to assume his mortgage (219k)13 rooms (I can add maybe 2-4 rooms)42k revenue (I can boost it to 46-50k)This house has all the permit a...
Hey everyone, I'm new to BiggerPockets. I thought I'd share my story with everyone and hopefully get some insight from all of these success stories. I'm 27 years old, living in Fairfield County, CT. I'm looking to max...
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
Hey Everyone,I am trying to figure out what the best use of my money is, whether investing in RE or applying to student loans and needed some help with my thought process. Thanks in advance for any insight you can pro...
Hey BP universe! I got an opportunity for a buy and hold rehab for a REO, but found out there is an encroachment claim/ issue on the property by a neighbor. Right now I'm in the process of running it by my title compa...
To give a little background I recently took a 5/20 year balloon loan (if I understand correctly) where the loan amortizes at the rate of a 20 year loan but after 5 years the balance of the loan is due. Basically what ...
I'll be attending the upset tax sales in Dauphin and Cumberland counties next month, and I'm starting to sift through the lists. I've eliminated properties in sub-par areas/school districts but I still have a list of...
When doing cashflow projections on a prospective property, do you buffer your mortgage interest rate when doing projections? And if so, by how much and why?And have I made a big mistake by not doing so for my current ...