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Hey BP! I know there are tons of "how to" and "what to look for" posts, but it helps me to see things from my own scenario. I want to analyze a property that I am looking at. It is a 12 unit property for $375k. It...
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We are VERY new to the real estate community and are looking to purchase a multiunit to buy and hold.... attempt a BRRR.... just nervous to dive into a purchase that wont yield as a profitable investment. Any advice t...
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I am a long time reader of biggerpockets but a new contributing member. This past August I bought my first property - an owner occupied duplex with an FHA loan. What I am struggling to understand is how the cost...
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I thought I'd share my investments to date and ask a question. I have 8 SFHs renting from 1300 to 1700 a month. No section 8/HUD. Mix of older homes and newer homes. Total cash flow is approx 3800 a month after all...
How do i judge a renters credit check results?
How do i tell a good renter from a bad one based on credit report.
Is there a minimum credit score they should be that tells me how bad they are?
Try...
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In 2012 new home sales were at the second lowest level ever… in history… since they’ve been keeping the numbers, for 40 years. So anybody who tells you that the economy is going gangbusters and is back on track is pas...
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Good afternoon, bigger pocketers. Just got back from touring a few properties and since I have not purchased commercial real estate before, I have some questions.
What I'm looking at is a downtown section of three ad...
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Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...
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I am considering my first 4 unit and would appreciate the help of the BP community with analyzing the deal.
Some background: I am interested in buying this property to hold and start generating a rental po...
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Let's call this a thought exercise for you, but real for me.
I'll try to be succinct and I completely understand that this is very much up to me. Still, I'm interested in what the community has to say.
Had a six fi...