Hey everyone! I'm currently in the process of purchasing my first 4 unit multifamily property in Chicago.  I want to make sure the numbers I have in my pro forma are as accurate as possible before moving forward.  I h...

Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...

Hi All, I felt like being defeated and have no idea how can I make it work. I talked to multiple local banks who told me that base on my loan to debt ratio, I am only qualified for the loan amount of 100k . I am in th...

Hello All, I am Naveen 32 years old from New Jersey  and I am looking to invest in college towns in midwest. This is my first investment and planning to invest in multiple properties over the next 5 years get financia...

Hi, All.  I've been looking for a multifamily property, and finally came across one that seems to work.  All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630.  So Net Inco...

I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...

I have to admit that I was drawn to BiggerPockets in a somewhat roundabout way.  You see, I'm not so much interested in Real Estate as a business that I want to get into, but as a means to an end.  That end of course ...

Hello, I'm a newbie and this is my first post on Bigger Pockets although I have lurked here for several years. While I have been able to find invaluable information on this site, I find many of the posts (especially i...

I have a belligerant tenant whose lease expires June 30th.  He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...

When people think of buying a house or an apartment building with no money down, they are thinking of using OPM - other people's money. So they raise capital - investor capital so that the principal in the deal doesn'...