I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a
Gross Rent Multiplier of 13.04). The property sold for 93...
Hello!Looking to kick-start my rental investment career on the eastern side of Michigan by house hacking.Would absolutely love any advice/references for good agents, mortgage strategies/brokers, contractors, CPA’s, bo...
Hello everyone,
Glad I stumbled upon the BiggerPockets community to level up my plan for financial freedom. I'm looking for those who have more experience to give your two-cents on what to keep in mind given my situa...
Hello fellow BP'ers! Hoping you can lend insight and feedback on the following scenario: Seller lists home = 5/26. Seller drops price 3.6% = 6/15 (21 DOM). Buyer makes full price offer at reduced listing price = 7/6....
What’s up BiggerPockets, My name is Oscar Benitez. I’m very intrigued by real estate & read a few books so far including “the book on rental property investing” & “BRRRR”. I’m 25 years old in the Atlanta area...
I was once presented with a portfolio of apartments that were the only apartments in a sub-market. This particular market had a small population, I believe it was under 15K. But it was near a neighboring city (30-45 m...
Hello everyone!My name is Dan Thompson and I am a realtor in Central Florida specializing in luxury homes and investment properties. Prior to becoming a realtor, I was a private chef and household manager for celebri...
Hello, I'am Chris Bauge a new member to the BP group. My wife and I reside in Virginia Beach and recently joined the Fortune Builders Network. We are looking to partner with other REI's who are currently listing and...
I'm a long distance investor. As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality. The downside is this isn't terribly granular so it can be misleading. Some cities can be ve...
So in the next few months I plan to buy my first duplex! I plan to house hack; rent out one side and live In the other. While running the numbers a thought crossed my mind about my girlfriend paying rent. Here’s the t...