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Hi!First Post on Bigger Pockets: I've heard about the 1% rule of charging 1% of the property's purchase price for monthly rent. I've even heard about the rule being called a 2% rule. I'm just getting started in re...
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Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...
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Hey guys!
I'm new here. I'm a buy and hold investor from Grand Rapids, MI. I've lived in San Francisco and Chicago, but prefer the medium-sized midwestern cities. I'm a Graphic Designer/Illustrator that is looking t...
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First off definitely want to wish everyone good health during this tough time. With the current crisis going on alot of people will look to get ride of their properties to get much needed cash. But my question is are ...
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Hello all!
How is everyone doing? Are you insulated for a big drop or are you over leveraged?? with money being this cheap STILL are you all seeking to borrow or hold off?? just curious.
I have just gotten a refinan...
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Hi everyoneI have been researching markets and I had mentioned in my previous post I was interested in investing in the mid west. I live in Northern NJ and as I mentioned the barrier of entry for me in NJ is too high....
Should I purchase this CA house hack? Making the monthly payments on my own would be super tough if I couldn’t get the renters in the other 2 rooms (I would be pulling $700 a month out of savings). But being in Califo...
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So I am ready to invest in real estate SUPER EXCITED, looking for a 3 family Plus. By the way I am from Northern New Jersey. SO I find a property I am interested the numbers work as listed using the tools I Bigger Poc...
I am looking to buy distressed multifamily deals all cash. My method of finding these deals are mailers and MLS. However, i do not know what a common cap rate or cash-on-cash return is for off market deals. I am looki...
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I see a lot of negative comments about wholesaling on here for some reason.
So I was just curious is there any wholesalers consistently closing 2-5 deals per month ?
If so maybe you can shed some light on your success