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HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
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Has there ever been a better vehicle designed for the owner / landlord small contractor than this bad boy.500 miles per charge.. body you cant dent don't need paint wont rust wont corrode.. Back of the bed with metal...
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Hey BP community, I'm at a stage in my learning process where I am ready to pull the trigger on my first investment property, pending current economic uncertainties but that is a post I've seen covered plenty already ...
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Hello All,I'm struggling with deciding on how to start my RE investing path. I've got a couple scenario's that I'm contemplating and just wanted to run it by the Biggerpockets community to see if yall have any insight...
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I'm in the process of looking at a SFH
and a 4-plex. While running my numbers in my spreadsheet plus the BP
calculators, I'm getting mixed results. Just note that this would be my
first rental (w/ hopefully many...
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For the 13th
consecutive month, Arizona has had positive median purchase prices and rent prices go up with a 14th month trending in the same direction. The Average Median Purchase Price for a SFH is now $445,000! And...
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Hello everyone, I have lived in Los Angeles since 2007and have no plans of leaving, although the state taxes are brutal. I have one primary residence and a second which is used as an airbnb in LA. For years I have bee...
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Hi BP Community!This is my second post and i have already learned so much from all of you.I have 10k (USD) Saved and am wanting to start investing. I am interested in buy and hold properties. Flips do not interest me ...
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The day has finally come! After sending 1000 mailers/month since late November and talking to many tire kickers and unmotivated sellers I finally have my first property under contract from direct mail! This will be ...
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I just got a quote to replace my hot water heater for $2,450. Is this a reasonable price. It seems high to me. the hot water heater is working fine, but it was made in 1994 and My current tenant is moving so I want to...