I’d like to hear from some of the more experienced investors if there are any tips you can share on how to increase the chances of receiving a higher appraisal after the renovations have been done?I’m not necessarily ...
Hi everyone,My name is Tom and I am from Brooklyn, NY. I am a transplant since I was born and raised in Germany and moved to NYC in 2008. It's been great and I love it here. I work as an Account Executive for a large ...
Investment Info:
Single-family residence buy & hold investment in Cedar Hills.
Purchase price: $391,000
Cash invested: $33,000
Basement apartment househack.
We added a 1 bed 1 bath apartment for...
Hello all,I’m brand new here and was wondering what your way of setting criteria for buying a rental property was. I’m currently trying to set my own up, however I’m kind of confused on where to start. I’m looking to ...
What is the Term or the acronym (you are in the black or ROI etc.) for the point in which your initial investment has been paid back and you are at 100% profit. Also what is an acceptable / average amount of time to h...
Hey All, I am new to Bigger Pockets. I purchased my first property (a 2 flat located in Chicago) earlier this year (2014) and am looking to expand quickly. The property has numbers that look something like:2/ 3 bedroo...
I purchased a condo in 2012 for around $425,000.The property is now worth around $600,000, maybe a tad more. The local rent is roughly $3,200+, while total housing costs are ~$2,400 per month, factoring in mortgage, t...
Hi,i was trying to find an answer to this question, but nothing came up in BP or google. Here is the situation. I have invested in a couple of syndications and then I started wondering how is my net worth calculated. ...
i came across a deal and I would like to run the numbers by everyone to get their opinion since this would b my first deal and I have no experience. Here's the deal:
2006 14x65 2br/1b
Currently occupied...
Hello Everyone,
I am in the process of educating myself before I purchase my first few rental properties. I have heard that the mortgage rates for a 15 or 30 year loan are a little bit higher than if you were to get ...