Hi All,
I read somewhere a good rule of thumb is a 30% equity purchase price. I guess the idea is that after closing costs and other potential fees there would still be enough left over to be a good deal. (I guess th...
As a kid I spent a lot of time in my Grandfather's real estate office on Center Street in Provo, UT. Part of that may have been the old time Coke machine that offered chilled bottles of Fanta Red Cream Soda, and a t....
My mother is currently renting out her house of the old and has moved into a separate house with a new mortgage. She cherishes the her house that she has lived in for the past 7 years now , however , the current tena...
Hey Fellow BP'ers, I need some advice from all of those brilliant seasoned minds out there! Who can give me some tips on C-class apartment multifamily residential (MFR) investing, and section 8 requirements?
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I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex. I swear when I asked some investors their expenses they acted like they had amnesia. Since I have over a yea...
I am looking at a 32 unit right now in Milwaukee, the buildings (there are 3) and units are older, but the place could be spruced up a bit. It is right on the edge of a neighborhood that is up and coming, median inco...
I'm new to BiggerPockets and thought I would introduce myself with my first fix and deal. I'm based in the Los Angeles market and 6 weeks ago I made the decision that I was going to flip 6 houses in 2018. I said if ...
I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
Does anyone have a recommendation for lenders doing 1st mortgage HELOCs on investment property in SC (Greenville and Upstate SC)? I know lenders who do closed end HELoans on investment property but not HELOCs. Resid...
Hi everyone,My job allows me to work with clients that have real estate investment portfolios and work with real estate agents and after talking to many of them I concluded that it seems that the rule of thumb for buy...