My business partner and I just closed on our first Investment Property last week, a single family home for long term rental in Pittsburgh. While we were in Pittsburgh (we both live in LA, but from Pittsburgh original...
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I’m finding 7.5% rates on the properties I’m looking at purchasing. That pretty much wipes out cash flow. When do you choose appreciation over cash flow?Specifically, buying properties in college towns and renting out...
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Hello BiggerPockets communityJust wanted to know who have invested in Canada and how have that gone? Specifically asking for the London Ontario area as well as Windsor and Toronto? Is there a good market there? Who is...
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Hi all,I'm working on another flip in the GTA, just outside of Toronto in Brampton. I'm hoping the BP community could help me decide what to do with this basement.In the basement, there is this wood trim throughout, a...
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Hi allI am interested in putting an offer on a property. The house is a 2 family house. looking at comparable houses in the area it should be worth 850k after repairs.The problem is the interior of the house is a nigh...
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Hello,Wondering if anyone in the Central Virginia area was investing in inner-city Petersburg or Hopewell? Specifically, doing Section 8 in the lower-priced, rougher areas? I currently have rentals in Richmond (have...
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I plan to build a portfolio in cities near Royal Oak Michigan for cash flow and equity with a buy and hold strategy focused on small multifamily units. I work as an engineer with a stable salary and I am planning to f...
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I am looking to purchase a property in Whitehall for $40,000... in the decent area... but I am having trouble finding comps to come up with my ARV to see if it would be a good deal to wholesale... or maybe fix and fli...
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I'm going through the loan documents and noticed I'm paying for 3.376 discount points to get a rate of 5%. I have a FICO of 814, excellent credit history, and interest rates are low - why am I having to pay points to...
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Hello everyone,I live south of Nashville, TN and I stumbled across BP a few months ago when I began listening to the podcasts on the way to and from work. My wife and I are new realtors. She is working real estate ful...