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I’ve decided the best way to get my foot in the door is by buying a mutiny-family (2-4 unit) property and house hack. I’m sick of throwing money away with renting. The problem I’m having is finding a good deal like mo...
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I have Section 8 rentals in two counties in the Baltimore area and I was surprised to learn that the counties have different standards for what counts as a bedroom. I had assumed that HUD issued the guidelines on bas...
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This deal is a 4plex in St. Paul MN from Realtor.com. All units are 2 bed, 1 bath. Asking Price is 875,000. The plan would be owner occupancy, 3.5% down for an FHA Loan. Looking at this chart from my excel sheet it lo...
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How much does it cost to scrape a property and rebuild? What would someone pay for a property if they plan on building a new home? Do you just pull comps for the properties that you want to build? In short how do y...
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Hello BiggerPockets,
I found the BiggerPockets Ultimate Beginner's Guide to Investing in Real Estate on Amazon recently. I found the sight through the book and I have become addicted to the podcasts.
I ...
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Hey guys - I'm starting to get my feet wet in my search for a condo in downtown Atlanta area. Looking in the low 100s and plan to put 20% down.I'm trying to understand everything that get's factored into ROI, the foll...
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Hello,
We are thinking of buying a retail condo in Naples, FL. However based on much online info, talking to other investors and bankers, they advised us to stay away from it. The HOA is close to $1k per month, and p...
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For investors with experience and knowledge for Illinois (specifically DuPage county) rules, I am looking for some insight on the below:- Can security deposit be forfeited if lease is broken (either by not paying rent...
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I've been scratching my head at this 2% rule of thumb to determine the rent price of a property. I know it's more of a guideline than a rule, but I just don't understand how I could get away with charging $6,000 a mon...
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Trying to get some expert opinions. I own couple of single home rentals in Tampa Florida and have always wanted to transition from long term to short term rentals. I love the beach and I live in Madeira beach Florida....