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So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
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Hello Bigger Pockets! I am trying to close on my first deal and I am running into a few issues, here's my story;I am under contract for a duplex where I plan on house hacking. The agreed selling price is $139k and he ...
My dad has a self storage facility with:
1) 15,000 sq/ft warehouse (no environment control)
2) 2,000 sq/ft office with 2 bathrooms and 4 rooms 3) 16,000 sq/ft drive up self storage4) about 40 parking spaces
All o...
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I'm working on purchasing a vacation rental in my hometown that is very seasonal, approximately 9 weeks of solid summer bookings and intermittent bookings throughout the shoulder spring/fall months. One of the compani...
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I have a deal I'm interested in and would like to know more about it but the broker specifically says "there can be no showings until a contract is executed" what exactly does that mean? I understand I have to submit ...
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Im contemplating on selling my house for sale by owner but not sure on the process it takes or the legal paperwork where would i get these documents? I have heard and read a lot of the pros and cons of doing a FSBO bu...
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So I posted this in reddit but got slim to none responses and figured I should post it where the experts live. Also first time poster! Bear with this long existential post, and here it goes.
I'm a 30 odd year old h...
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Any recommendations on good Memphis Realtors working in a brokerage that does very good property management?
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Hi all! I'm interested in passively investing in large apartment deals. I already have connections to a few operators and have browsed their packets but haven't pulled the trigger yet. Does anyone have any recommendat...
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Hi BP Fam! I am a newbie investor and I've been doing a lot of research, reading and podcast listening over the past couple of weeks and came across BiggerPockets along the way. Currently, my goal is to start with p...