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Hi there,Found what I at first thought may be a decent property to check out. After a quick analysis I don't think it'd work out with the numbers. Can someone help make sure I'm doing it correctly?Asking: $139,900Type...
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I am looking at this deal that includes 2 six plexes and 1 five plex. It will be one closing and they all share a parking lot. These are old houses that have been converted into apartments. My biggest question mark...
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Hello Biggerpocket, This platform has been very helpful in increasing my insight into real estate and really appreciate everyone's input.I am almost end of the process of buying a property in Houston.Purchase price :1...
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Hey BP family, Just a few questions I'm running into in my over priced south Florida market.What determines if a property is actually a good investment? 1-2% rule, Cap, etc?What if it doesn't make the 1-2% rule but ha...
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Recently I’ve been turned on to the idea of real estate investing, i am looking for sound advice on getting started. This is all new and exciting to me so anything is helpful.
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There's an off-market 2 bedroom 2 bathroom condo that I am looking to purchase. It has no rental restrictions, plenty of parking, great neighborhood, water is included in the utilities, low HOA, closest schools and 15...
Hello everyone! First time poster, long time watcher. I've used the calculations from the "Calculating Numbers on a Rental Property [Using The Four Square Method!]" BP Youtube video for this deal. Looks like a SOLID f...
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
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Quick question . . . . looked at a property listed around $75,000. The agent we contacted that we have used on other properties (which were over $100,000) is saying that we as buyers would need to pay the difference ...
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I have a lead on a 20 unit senior apartment building that's fully occupied in St. Clair County Michigan.-Building needs no work recently upgraded cabinets, appliances, and windows- 10 acres of land- 1-2 bedroom units ...