I've been actively wholesaling for the past 2 years and have only been able to close 3 deals (1 the first year and 2 this year). I get calls from my yellow letter marketing campaigns to out-of-state owners with respo...
Probably a noob question: Assume you buy a $100k property at a 10% cap rate the is cash flowing $200 a month (2% rule). After a “few” years it’s worth $200k but the same cash flow. What do you do? (And why?)
Hi all! I'm a new investor and am interested in purchasing my first multifamily in MA. I've found the podcasts and BP materials to be fantastic. I'm in the process of researching mortgage options: MassHousing, FHA loa...
For the past 2 years I have been growing my knowledge on real estate investing through BiggerPockets forums, books, and articles. In addition, for almost a year I have been working as a residential construction manage...
I am a new member to bigger pockets. I am a new real estate investor. I have been studying for about 6 months. Very hungry to learn. I am from the Seattle area. I am currently doing a flip(my first). I love bigg...
Hey all! I understand the process of a cash out refi - but what I don't understand is where the lines should be. For example, if you take cash out of the equity in my duplex what's the line for the amount of cashflow ...
Our business finished our third project, a BRRR in New Britain, CT. We bought for about $50k, put $60k into it, and are now renting both units for ~$2100/mo. Based on comps and research, we estimate an ARV of about $1...
Hey guys! Mind giving this deal another pair of eyes? It needs a face-lift exteriorly but doesn't need much at all inside. Needs an update on an ugly brick porch (ideas?) and a small area (100 sq ft?) of shaker-typ...
I have a 1 bedroom, 1 bath townhome that is only 540 square feet. It's an upstairs unit in a nice community in a good neighborhood. My tenant of the last 10 years just gave notice that she will be moving out to care f...
Hello everyone!I was wondering if I can get the BP community's advice on purchasing my first investment property! I am really interested in a condo that is located in Tx. The list price is $126,500. The seller is open...