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New real estate investor looking for properties. How do you know the difference between an A, B, C, and D neighborhood? I believe an A neighborhood is pretty straightforward as a high end, expensive. A D is what I ...
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Hi BP Community! I'm kind of a newbie here, and had a quick question regarding how to price duplex units. Here's the relevant info: - It's a top bottom duplex, with very similar ±1200 sq ft floor plans, in an older ne...
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We had umbrella insurance(commercial) but few questions always unclear:1. The agent reduced FL SFR liability to $100k but not $300k. Does this true?2. The umbrella insurance will not cover self-directed IRA properti...
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Hi everyone,I am currently looking to purchase an STR in the Luray, Shenandoah or Massanutten area and would really appreciate any feedback that current owners have, either good or bad. I have already looked at Airdna...
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This may be a silly question, but why does everyone seem to refer to the 30 year mortgage when talking about refinancing in the BRRRR strategy? Could it not possibly be better to do a 15 year mortgage to reduce the a...
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Hello, My name is Dakota and I plan to purchase my first home/investment property with in the next 9-10 months. The plan is to owner occupy a multi family property under an FHA loan. The perfect property would be belo...
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Before COVID-19, bond yields were pretty poultry, forcing income investors (retirees and those with lower appetites for risk, or getting closer to retirement) to take on more risk than in the past. The standard advic...
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Investment Info:
Single-family residence fix & flip investment in Hope Mills.
Purchase price: $35,000
Cash invested: $41,437
Sale price: $114,000
Initially bought this deal to BRRRR. As the p...
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Hi all,What are people seeing as cap rates in Philly (I assume 15% for maintenance, replacements reserves, and vacancies). For apartments buildings (not SFH)I am torn between getting higher cap rates in areas like nor...
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what rents can u get with a single family and multi family house in the 19th ward location