When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
Malibu, CA joining the frey on STRs:A very typical response to STRs ( according to patch.com) is The Council is concerned that people would buy property in Malibu for the sole purpose of renting it out on services su...
This is fast forwarding abut 5 years until I can have the down payment and qualify for a loan for a hotel. I would be looking at hotels in the $4 million dollar range. Currently, there are hotels at this price that pr...
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...
Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
Wanting to put a down payment on a flip using either fixed rate equity loan or HELOC. Which is a better choice?
I have been thinking of doing a 1031 on my SFR rental properties in SoCal with a 3.2 cap rate. After looking at Multifamily units, I discovered commercial buildings with NNN leases that can be as long as 20 years wit...
Forbes just released its Most Affordable Cities List. Several frequently discussed cities on Bigger Pockets top the list. For those who cannot wait to see who is #1, it is Birmingham, Alabama! Other select cities w...
Hey all,
For those of you that are actively buying or have purchased a "Mom and pop" Inn or motel - what metrics matter the most to you? How does your underwriting look?
I'm an active multi-family buyer/invest...
Greetings all, Hung from NYC here and new to REI.This idea just came to mind out of nowhere and wanted to get a pro’s take on it. Here’s what I’m wondering. I personally can’t house hack myself due to my wife’s job. B...