I noticed a house in my area during a drive by that looked vacant. Today I drove my and noticed someone cutting the grass. I stop to talk and he stated that he was not the hoeowner but a neighbor taking care of the la...
If you had an opportunity to get a property for $60k that current tax assessment is $175K and once renovations are completed could be worth over $200K because of the area:
Would you buy it?
If it would completely d...
Hi AllHope you're staying healthy and safe. Was wondering if anyone knew how to model out the prepayment penalties lenders have on MF properties? Yield Maintenance and Stepdown. The spreadsheet I'm using doesn't take ...
Hello! What is a decent price range for HOA fees when considering to purchase a condo or townhouse?
Condos are not something I have read much about at all. Just wondering if there were any pros/cons? Do you treat them like SFHs? Do they involve something similar to hoas? Just curious about them. Thank you for your t...
Would you consider this to be the best time to buy? I run into a relatively newish place, with garage parking and low assessments. Building is from 2004.
Hello Everyone! I've been listening to bigger pockets for the last few months and finally decided to stop in and say hello! I love the podcast it motivated me to get my first house which I will be closing on this week...
Trying to assess multiple opportunities in a hot market. Currently focused on lower end condo/townhomes. The home prices making it hard to pencil a positive cash flow. However cap rate is 5% on most properties and ...
As a beginning investor I am looking for a type of property that would be a great avenue to start on. I am leaning more towards town homes. It seems like they would be a good place to start in my area because they ar...
Hi all -I'm a teacher in Newark looking to invest in the next year in a multifamily that we can owner-occupy and rent out the remaining units. Ideally, the money we save on our mortgage will go towards a second proper...