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I am in the process of purchasing my first home. The sellers have agreed to pay a majority of the closing costs and to fix some vinyl siding that needed to be repaired. After having the inspection done, a mold spot wa...
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Hi all! I'm a new investor and am interested in purchasing my first multifamily in MA. I've found the podcasts and BP materials to be fantastic. I'm in the process of researching mortgage options: MassHousing, FHA loa...
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Hello fellow BP members!My name is Kelly and I am from the Seattle area. I have just recently started my journey of REI. Primarily I am interested in the mobile home niche. For those of you who are in that arena, I we...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $900
FSBO, Seller-financed, 0% down, 0% interest BRRRR-to-be. Tenants will be out soon to b...
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Sorry in advanced if I sound like I have no idea what I'm talking about, it's because I have no idea when it comes to rehabs.I just bought 2 investment properties in orange county california. Both SFR. My architect is...
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Hello all!My husband and I are preparing our first rental (it was our first home, was a fixer upper when bought and we have lots of renovating to do, most of which is necessary). My question is, how do we move faster ...
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Do you base the cap rate on what you purchased property for: Or, is cap rate based on current market value of home?Also: is capital costs included in cap rateMy example:1. I purchased property for 25 k ( 10 yr ago)2 ...
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Hello all,
New Yorker now living in Vancouver and excited to get into REI. Still trying to discover a niche or finding a deal I can bring to someone who can be a mentor. But I got a couple of interesting ques...
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Hello BiggerPockets Family,
I'm looking for your advice. I own a triplex in a C+ neighborhood. It's done very well with very little turnover and maintenance.
Just a few days ago, the property next door caught on fi...
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Hi Everyone,I'm Maxwell. I stumbled across this site while searching REI and I'm so glad I found it. I'm completely new to the industry and have been trying to absorb as much as I can before trying my hand at it. M...