Hi everyone, I came across a 6 unit MFH. Asking is 54k, my contractor said it would be 80-120k to completely update the property (it is vacant, mostly cosmetic but still run down). The property would gross 3-3500 a m...
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Hello everyone!
I’ve been learning how to analyze properties and I wanted to post on how to do a full, if basic, property analysis. My hope is both to help other investors out by distilling things I've learned while...
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Hello, im new on bigger pockets and interested in using the house hacking strategy to break into real estate investing. What percentage of monthly mortgage payment needs to be covered to be a smart move?
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone. I have a question about using the calculator. I have found a property t...
Mods: Sorry for the repost. I originally posted this in the Real Estate Deal Analysis & Advice forum, but I think it better fits here. Please feel free to close the other thread.Hi All,My wife and I own an investm...
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Hey everyone, I'm new to this so when I ran the numbers with the BRRRR calculator I thought, I have to be crazy. Can someone help me, am I missing something here or should I go for this immediately? (note, my "repair ...
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Hi,I bought my first two rental properties when I was 21 years old. Since I was still studying and did not have a fixed income at the time I had to negotiate a 17 year long loan & 2.85% fixed rate interest. Althou...
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I am working on getting a new rental in the makes. So far, these are the photos I have, they are older, and I am getting a walk through soon.To give you a little bit of the background, this is in a decent location. Fo...
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Hello BP'ers-
I would love your thoughts!
I am a real estate broker living in a resort mountain valley in Colorado (Vail). It is an interesting place for flips because prices are super high but often buyers (second ...
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I don't want to brag, but I do want to break down how I made $700k BRRRR'ing 7 houses so you can copy it.
Just over a year ago, I purchased 7 properties from a landlord who was focusing his efforts on growing his new...