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NNN Property in a killer location. Near Walmart, Starbucks, and chick fil a, location is buzzing with growth..... Prime Rate at the moment is 6.25% Cap Rate is 4.10%Numbers are obviously in the negative... We could pa...
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Hi all,
My business partner and I have exhausted our Freddie/Fannie loan capabilities. We both have 10 mortgages in our name. Mainly our portfolio consists of small multifamily properties and we have 30y fixed fina...
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So I recently purchased a duplex in Wisconsin. The seller did not disclose that one of the tenants had owed money for several months and had a signed 'Eviction Stipulation' that basically said if they didn't pay the ...
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BiggerPockets,I'm at a crossroads in my life. I'm 29 years old and mentally I've been slowly transitioning over to real estate as a full time career. My current job is quite unique (I work for myself) but it requires ...
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Hey All,As I continue my career in real estate, I am learning more and more each day. As business increases, I am finding out that some things work that I didn't expect to and conversely some things aren't going as sm...
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Hello BP folk! I am currently in the process of purchasing a SFH that has the perfect layout to add a wall and kitchen and make a duplex. I already got permission from the county so that is one major hurdle out of the...
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Hi BP,Question for you BRRR loving people - My renovation on my first house-hack for my multi will be completed in the upcoming months. I used a 203K loan to fund the renovation.$454,000 - Purchase Price$124,000 - Ren...
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How strong would you weigh a comp that is marked as pending in your analysis?
For instance, lets say your subject property is a 3/2/2 1,500 sq ft and you are looking for retail-flip sold comps within .5 radius of the...
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I've gotten a response from a Realtor regarding a yellow letter I sent his client. We've been playing telephone tag but finally got a chance to really discuss the property today. It's a small house (950 sq ft) on a re...
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I have an 18 unit multi-family property that has rents that are roughly two to three times higher than the neighborhood comps. My 300 sq ft studios rent for $600 and the property across the street gets $700 for 1000 s...