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I was talking to a friend of mine who has been renting apartments for about 10 years. his advice to me was just clean the apartment really well
everything is commercial grade carpet and builder grade fixtures and cou...
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I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
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First I want to say what a ridiculously great site/podcast/community. Its the only one of its kind where I feel like the people here and running the site are really interested in helping others along rather than tryin...
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Hi all, I'm starting to look at designs for a new build in a small college town, but with a reasonably large student body that drives a lot of traffic in/out of town throughout the year. My family has been in student ...
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Hey everyone! I'm Andy and I'm a 20 year old software college student at the University of Utah. I'm looking to buy my first house hack in the Salt Lake area (already prequalified) and wanted to share my thoughts and ...
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Hey BP friends,Backstory:I'm in process of rehabbing a 1920s house in San Antonio, Texas, which has a cedar post pier & beam foundation. The house is 1600sqft total with a second story being only 500 sqft. The fou...
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My wife’s mother recently passed away and inherited her house via a lady bird deed, along with her 2 brothers. The house had 3 tenants living in it, paying rent to her mother on a hand shake deal to rent out a single ...
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Hello, I am brand new to REI, I am currently renting an apartment with my brother, in college, and graduate next May. I am hoping to get a head start on my REI journey before I graduate. I have been doing some researc...
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This will be my first flip and I have questions on ROI.
As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build. Just to use round numbers, I'm b...
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i am leaning toward installing a dishwasher but NOT installing a garbage disposal. thoughts or strategies either way?