Account Closed
Please evaluate this property (1st time doing this)
Hello, I'm starting to practice analyzing deals and I was curious what you all thought of this listing... The strategy would be to buy and hold/For the sake of evaluation, let's say that Mount Vernon is a C- to B- n...
Kristen Chapin
BRRR Strategy Questions
I am looking at the BRRR Strategy. When analyzing properties, is there a certain percentage of ARV that you can determine if its a good deal without doing the calculator on every property EX: ARV 300K (must get house ...
Scott Trench
Help us Build a Better Mobile App!
Hi Everyone,We know that there are a lot of folks out there with suggestions for improving the mobile app for BiggerPockets, including a sizable audience out there looking for an Android App.Right now, we are focused ...
Dinardo Rodriguez
Prospective Chicago Investor: Feedback on this Analysis
Hello folks!After my research, I concluded that I want to purchase my first duplex/triplex in the Chicagoland area through an FHA Loan. I'm looking to begin the search for a property a year from now (December 2022/Jan...
Kenny Kuramoto
HELOC Stuck on how to start
Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
Ken Swearengen
House hack analysis (Duplex, Baltimore city)
A very much already renovated duplex, brand new everything -- electrical, HVAC, furnace,carpets paint, cabinets. Both sides are currently unrented, the owner boutgh in 2017 for $230k, renovated most of it (still some ...
Tony Karns
Need some extra eyes on this deal
Recently a realtor contacted me about this 9 Unit property. Once I received financial a lot of red flag went up. I reached out to the agent and he was able to setup a meeting between myself and the owner of the proper...
Joshua Briscoe
Should I sell? SFH family dynamics
I'm looking for advice on whether to sell a property. My wife is asking me to sell our single family house we own in South Carolina. We bought it to live in back in 2018 after we moved down to help with her family. ...
Awet Hagos
My 10% Rule: Quick Cashflow Analysis
I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
Henry Murray
How to estimate property taxes in LA county??
Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community. (Disclaimer: I’m not asking for tax advice, just fo...