Jim Dineen
Supply and demand in DFW. The REAL expectations for deals in Dallas
Hey all,
I'm still fairly new to BiggerPockets and REI in general but I'm not new to business.
I'm well aware of the general rule of thumb that MAO should be 70% ARV- repairs and you should strive for rent of 2% of ...
AJ Wong
The inconvenient truth about Buyer's Broker Commissions and what to expect next..
Don't look now but another seismic shift is coming to a real estate market near you.As you might have heard, there have been several recent class action law suits and even Department of Justice guidance that could cha...
Dan N.
I'm expecting a package deal of 4 SFH rentals. How to value?
Hi there,
A co-worker with some single-family rentals has asked whether I would like to purchase a package of 4 of them, 3 currently with tenants and one nearly ready to rent. These are 90 minutes away from w...
Jermyn Brown
My appraisal came in 43K under expected Value. what should I do
I bought a house in Detroit for 31K I rehab the home for 25k looking to do the BRRRR Method I had a hard money lender that I deal with set up but their minimum is 75K. When I went to refinance the home the appraisal ...
Ryan S.
My first 3 unit multifamily what kind of loan should I expect?
I live in the Chicago area and found a 3 unit apartment that I am interested in. I ran the numbers, like the area and started looking for loans. Was extremely surprised when Firstmerit bank told me that it would be 3...
Nic Werner
What's the expected noise level for a basement ADU in old bldg?
I'm closing on a 1910 home that has been completely redone from the studs up, with a 1,000 SQ feet basement ADU. The furnishings are high end, separate entrance, etc and would attract a wealthier tenant. We will live ...
Derik S.
How much can I expect to pay for a multi family apt?
A newbie here, wondering how much I would expect to-or in the case of finding a investor, would expect to realistically spend on a multi-family apartment complex? These things do not come cheap, especially in the citi...
Alyssa Lake
What kind of terms would you expect for this kind of deal?
5.25mil-ish48 units83% occupancy for 2024. Rents are well below market value currently. I am new to this multifamily/commercial side of things. I was offered LTV of 54%, 6% rate from a commercial lending institution b...
Marcos Urvina
What price range should i expect to pay for a detached adu
Hi!! I want to build a 800 sq ft detached 2 bdrm adu in my backyard ( ground up construction) and just have a few questions. I know you cant get exact amount until you provide plans but just want to get a general ball...
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
Section 8 tenant has asked for extermination for mice. She found a dead mouse in kitchen. Tenant is asking for any holes to be closed up. The home has passed the section 8 inspection. There were no mice when she took ...