Hello Bigger Pockets community, my friend and I are finance majors at Colorado State University. We are looking to get into real estate investing. Being college students we don't exactly have any real disposable incom...
Hello BP,
What are some alternatives for additional funding if you've exhausted your rehab project funds?
I’m seeing some residential portfolios (4-plex and maybe an occasional 5-unit MF in there) listed for sale in my area. I’ve been focused on MF value properties and understand how NOI impacts the valuation. Let’s say t...
Hi all,We have just approached the last big project in our home. Adding a pair of basement bedrooms, and basement bath rehab. We would still have about 8 months left before we can sell (2 year min)Our last couple home...
How many years did it took you to become finacially free?
Hey Guys,I just went into contract on a rehab deal in Jersey City. It's a SFH. 3 Bed, 1.5 bath. The basic #s are 100k purchase price. Renovating cost around 35k. I can sell it for 175k. The broker suggested I add a fu...
We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...
Are there differences to consider when house hacking in a high-cost area versus house hacking in a low-cost area? Does this change depending on whether or not I make a 20% downpayment?
Hello,
I found a property an investor who has since moved out of town listed on Craigslist. After speaking with the owner, he was willing to sell it at a price quite a bit below comparables if cash (or cash plus wil...
For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...