I would love to get some feedback on a deal I am trying to put together. The deal is for 6 units with a purchase price of $700,000 - rent totals $6095. The NOI is $4735/month and $56745/year. The cap rate is about ...
I own an investment property in Washington DC and am considering putting it on the market and doing a 1031 exchange. What do you wish you had better prepared for or what unexpected issues did you have when selling or...
I have been learning a lot about wholesaling in the past few weeks and have decided that I am going to pursue this as my starting strategy in REI. I live in the nicest part of Washington D.C. And the market here has a...
Greetings BP,I am a new investor and I was curious to know of some companies or investors who are actively seeking investors. I have a self directed 401k with a fair amount of cash in it ~50K and I was interested in s...
Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
Hey guys,What kind of application (desktop or mobile) do you use for managing your properties? I am kind of a old-fashioned guy who is using Excel to do all the calculation and book-keeping, I think it's time to try s...
I wanted to get your thoughts on a real estate decision I’m considering. I bought a 3/2.00 home in Tampa, FL in April 2022 for $245k at a 4.75% interest rate, I still owe $210K on the loan, my RE agent thinks it could...
What are your successes, failures, and aha moments? What are your goals for 2025?
I have a property (3/2) under contract at $48,500. It's a foreclosure and it requires $13K of work. Market rent is roughly $800-$825. ARV is 80K - 85K. I would be able to pull out the purchase price + rehab cost out o...
Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
...