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Question for all the seasoned NYC / Brooklyn / Queens multi-family buy and hold investors out there. When analyzing multi family properties in our high-cost area, what rule of thumb or percentages do you use for esti...
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Looking at a HUD home where the pressure test failed for the plumbing. Wondering what kind of numbers to conservatively budget for a worst case scenario? With it being a HUD home, I'm told they won't turn the water on...
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Taking the advice of some of the experienced investors from BP has given me second thoughts about condo investing.
Does anybody have any positive experiences with condo investments as a rental property?
I'm waiting...
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What do you guys think? Do you think weve seen the worst, or is it just the tip of the iceberg? Im seeing houses getting close to dipping below 200k that were 300k a year ago. I can throw a rock in any direction from ...
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I've found different lenders calculate DTI ratio when it comes to rental income differently.Some lenders take rental income (or a percentage thereof), subtract the mortgage amount, and then add the result to either th...
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Hey bigger pockets community... Here to share my frustrations and hopefully find some direction. I recently purchased a rental property in North Denver. It was a rare Denver MLS listing that I was able to purchase und...
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I’ve been hearing some chatter about large hotel chains lobbying significant funds to push for regulations or outright bans on short-term rentals like Airbnb. As someone actively investing in STRs and looking to scale...
Hey everyone,
I recently decided I’m going to build a fourplex to owner occupy. I would potentially walk into this deal at 0 down for a $500,000 fourplex.
I have one SFR rental, and was just curious, what happens t...
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I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
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Let me start by stating I find truths in both the Dave Ramsey camp, and the pull out as much as you can via leverage camp. I'm naturally conservative, but also have analyzed and utilized the power of responsible leve...