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Hello! Right now my partner and I are house hacking a duplex that we hope to move out of and start renting in a year. The duplex is in a solid B neighborhood in Chattanooga, TN and we're hoping to get ~$1000-$1150 a m...
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Like many investors, I wake up every morning with several emails about potential properties to buy. I then scour through these listings as a morning ritual. This morning I came across an interesting fourplex and did ...
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Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources. While my plan and financials does include property management for any location - for ...
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Hi BP,I'm deciding whether to rehab and resale or rehab and hold for rental. Here are the details:Single family, Purchase price $25kRehab costs $23kARV $75kEstimated profit for flip is $10k (13.5% of ARV), or monthly ...
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I am ready to be rediculed at least a little because this is going to sound absurd, but I am okay with that, Here we go....I want to get into commercial real estate. I find it by far the most appealing and exiting. My...
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First-time poster, long time reader. I have recently discovered BiggerPockets in my venture into real estate. What a goldmine of information and ideas. I feel like a kid in a candy store jumping from topic to topic as...
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When looking at multifamily properties for sale, it's typical to see an advertised cap rate. Where does this cap rate come from! Who determines what it should be? As an owner myself, I know what my NOI is and I could ...
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Hi everyone! Hopefully I'm dropping this post in the right forum. I'd be happy to repost if it needs to go elsewhere.We have 2 bids from companies for a small extension + backyard ADU project here in the San Francisco...
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Good evening Bigger Pockets!!!!I am a new investor in Texas looking for a good market to start out in. Most of the markets in Texas are heavily inflated due to the recent influx of people moving to the state making i...
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Hello,I recently got a condo under contract in the Washington, DC area (Fort Dupont). My agent forwarded a list of comps (6 months) within a 1 mile area. Most of the comps are for town homes/ row houses for the same 2...