Scott Trench
Interest Rates are NOT Going Back Down in 2023
Responses to a recent poll indicated a sentiment among the BP audience that suggests that members of this forum believe that rates are going to decline over the course of 2023.
I do not believe this, and want to mak...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Yadira Gutierrez
I have the money, here are the options, what would you do?
Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part. I have no doubts that I want to become a REI. I am not scared (maybe just a l...
Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Jay Helms
Time to re-invest in a 401K?
Some time ago, I stopped contributing to my day job's 401k. I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...
Aaron Akins
Gatlinburg & Pigeon Forge STRs - Pre/Post COVID Rents & Occupancy
Hi All,
I've seen a few discussions related to this topic, but wanted to see if I can nail down a few specific questions. I’m planning to purchase an STR and need to ensure my numbers will work - even when the COVID ...
David Latimor
Multifamily Apartments - Market due for major price correction?
Greetings Forum members,This is my first post but I've been reading biggerpockets for years now and have enjoyed the insight of many members who have contributed. Thank you all!Recently, I have been searching for inve...
Aaron Junck
"50% rule"
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...
Robert Silvernagel
Can anyone comment on the short term rental market in Maui?
Hey guys, My wife and I are under contract on a condo in Kihei that is vacation rental approved. It took a lot of research and contemplation before I was able to convince myself that paying a 30-40% premium for a cond...
Kaylyn Geiger
Is it foolish to get into STR's with a looming recession?
Hey all you smart investors out there. My boyfriend and I have been looking into long term vs. short term rentals for the last year now and have recently started to lean towards short term. We currently house hack the...