Miss Liz
Greetings from San Diego. Buy now or wait until the recession?
Hello,I am a new member and fairly new to BP. I live in San Diego, California and am wondering the following:Should I try to get a duplex now (live in one unit and rent the other) using an FHA with 3.5% down , or shou...
Rory Boone
What am I missing here. Multi Unit Property
Here's the deal. I have 4 Unit Property I bought back in Dec of 2012 located in lower income area ( not a war zone) in the South Suburbs of Illinois very close to Chicago. Most flippers are not buying properties in th...
Dylan S.
Thoughts on house hacking with intent to move to a new state soon
Hello,
I’m new to bigger pockets and wanted to get some advice on my situation. To preface, I just turned 22 and am about to graduate from college. I want to start investing in real estate, but I don’t know where to ...
Charlie Cameron
Assisted Living Investing Q&A!
What’s up bigger pockets fam! I wanted to briefly re-introduce myself (I’m committing to get more active in BP again!) and offer up question and answer support for anyone interested in investing in residential assiste...
James Lynk
When is the right time to Quit the 9-5
First congratulations to Biggerpockets and the wealth of knowledge accumulated here. It's been very difficult for me to type a question that wasn't already addressed by your forums. So in an effort to participate, my ...
Andre Houston
Trying to scale up from single family to multifamily
My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I ...
Danny N.
I Know Leverage Is Great, But Are Paid Off Rentals Bad?
Obviously borrowing money increases you % returns cash on cash, but I have a couple rentals that are completely paid off and reading the forum is making me feel like I'm doing it wrong and should be refinancing and BR...
Charles Royale
Is it really better to incorporate in Nevada?
I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...
Chris Yeakel
Cap Rate Comps and True Value
Hi all,When purchasing a commercial multifamily, should one use cap rate to determine the “value of the purchase”, the potential value of the property, or both? For example; if I have a property selling at a low 6% ca...
Scott Roelofs
Multi-Family Valuation and Depreciation Expense
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...