Hi everyone,Why is the loan pay down not calculated into coc roi? Meaning, if I have tenants (short term or long term) where the cash flow covers my mortgage payment?I will use basic example to help clarify.Down payme...
HEY all! I am a Columbus, Ohio Investor following the BRRRR strategy. I am investing in Ohio for the obvious reasons (low price, high rental demand, equity potential, ETC) but I am investigating moving to Arizona (o...
I have a mortgage I owe 280,000 on at 4.25% 30 year fixed with 27 years remaining. Down the line in let's say 1-3 years there's a chance I'll move and would like the option of converting this to a rental. I can rent...
My name is Jeremy Oberbroeckling and my wife and I have lived in Phoenix since 2008. Before that we were living in Austin, TX which is how I got into rental properties. Before my wife and I married, she owned a proper...
Hey BP, Looking to see if this is a deal and looking for opinions. 4 units Purchase price - 30K Rehab- 50K ARV-130K (plus holding cost and closing cost)Just based off that, it seems like a good deal and a good BRRR...
Hi everyone, I'm new to the biggerpockets website but have followed the podcast for several years. I just got engaged to my fiancé, who graduated college in May and has a considerable amount of debt. How would you use...
So it is understood that some properties will not BRRRR even if there is a higher equity position due to the rent not being able to cover the payments etc. on the news loan. There are some properties that could fit th...
With $150,000 to invest, I’m looking at 3 duplexes in Minneapolis/St.Paul (where I live now) each $200,000 cost that cash flow $350/duplex per month so $1,050 total, or 1 Long Island duplex (where I’m from) for $550,0...
So I’m coming to an end on a renovation that I planned to hold as an LTR. I’ve also been eyeing a flip that’s being complete down the road but I’d only be able to make the deal happen if I sold my current project and ...
Hi everyone,Anthony here. I would like to turn my garage into a one bedroom/studio or ADU type of thing and would love recommendations of someone that can do it for me. My budget isn’t that big & by that big I mea...