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Ive been struggling with the following situation and would love other's input. What i've been reading so far regarding house hacking seems to not address the following situation. I live in NYC where we all know its a ...
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I intend to write an offer on a property tomorrow. It's an 8-fam in small midwest town (pop 40k, not warzone). It has been on and off the market for about 1/2 a year, it doesn't seem like there are a lot of buyers fo...
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I just spent my evening at a local blogging meetup and couldn't help but wonder why more of our members aren't blogging either here or on their own personal blogs off-site.
I can't tell you how important I think a bl...
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I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?
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Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
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I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...
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After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.The con...
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Hey biggerpockets community,I just finished my 60 hour education requirement to take my Real Estate exam in Pennsylvania. Since I started learning about Real Estate I thought that being a licensee would be the only wa...
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Hi all,Investing newbie here. I'm hoping to use the BRRRR method on run-down small multi-family properties in Connecticut. I found a duplex on the MLS that's in bad shape and am trying to estimate the rehab costs (p...
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If a tenant has a clogged sink, is it my responsibility to handle it or theirs ?