Hello BP,
I’m interested in exploring investment property opportunities in areas like Troy, IL, and Cleveland, OH. I’m specifically looking for properties with potential that are priced under $200k.
I had a Chapter ...
Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:
1. **Air Conditioning:** The AC unit ...
So right now I work in the back office of a bank, financial processing. Pretty boring, all day I'm buried in excel. Very unexciting. Every day is the same. I feel like a drone, very little decision making. It's cushy ...
Hi everyone,Over the last two months, I've been working with a realtor and looking at 2-4 unit multi-family properties in Northeast Philadelphia on the MLS. I plan to house hack (live in one unit, rent the other(s)) ...
Hello BP community,
I am looking to pursue real estate investment more seriously and am hoping for some advice regarding investing in the DC area market versus Baltimore. My primary residence is a coop in DC (Woodl...
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
Advice from an experienced investor to those starting out
1. Stop chasing guru/mentor “education”, tactics, strategies. Concentrate your education on real estate principles, real estate law, and real estate financ...
Hi all-- I'm a new member and I was hoping to get some guidance on how exactly to choose a good rental property that will generate a solid income stream (to pay for my kids' college in 10-15 yrs). I'm very fortunate ...
I"m just curious. Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor. Example: most sales data for a house is public record and do you think you get the same ...
Hello BiggerPockets family,Just wondering on the different types of marketing strategies that are currently being used. Is 500 yellow letters to absentee owners sufficient? Do I have to suck it up and pay $1.50 per le...