What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
I am a newbie and in my search for various sources for value add properties I came across ClickInvest Program. I was wondering if anyone has any experience using their service/software and how accurate have you found ...
Hi all,I have an offer out for a 2-unit property that comes w/ a tenant who is paying 1/3 of market rent. The sale is contingent upon keeping the tenant who is related to the owner. She appears to be in her 80s and di...
Plenty of people can purchase a house to live in. But how can you leverage that single home into many more real estate deals—enough to achieve financial independence? On today’s episode of The BiggerPockets Podcast we...
Hi all!Just want first to thank Biggerpockets. These podcasts (which are so down to earth compared to those self-proclaimed guru's **BS** out there) have played a large role in keeping me motivated for the last two ye...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
I'm likely going to start BRRRR investing next year and since the first 'R' is 'Rehab' and I plan on doing as much of it myself, that does dictate that the properties are also local.What I'm trying to figure out at th...
I am in negotiations to purchase a triplex in an A neighborhood.It is unique in that everything around it are SFRs. There is literally no similar property nearby to comp.I didn't use the SFR properties for comp.I did...
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
Hi all, My name is Bob new to BP. I live in the Boston area, 15 minutes south of Boston. I am trying to get financing for my first flip, and have been shot down by 3 banks for a 30 year fixed rate ( not sure if...