I have been talking to a few lenders and banks trying to get approved to buy a 2-4 unit complex as an owner occupant. Can anyone shed some insight or advice on this subject. My understanding was that I could purchase...
I have been running the numbers in Montgomery, AL preparing myself to get a possible BRRRR deal. From local experts do these numbers seem in the ballpark that I am punching into the Bigger Pockets calculator for neig...
Good morning everyone! I have a multifamily property in the Bronx, NY and curious if anyone has rented out their units to a company. What are the pros, cons, etc.?
I see it as a safe alternative than renting to tenan...
My father is looking to invest in real estate in Chicago where I live in order to rent out. We were looking at places in the Loop, specifically in the Printer's Row neighborhood. There is a new luxurious building comi...
I would like to hear from actual shared housing investors/landlords. What types have proven to be the best? I'm looking at special needs, veterans, womens transitional housing and travel nurse. Any words of wisdom f...
I am looking seriously into REI out of state, and am just starting to tackle how to evaluate certain markets (e.g. Gary IN, Kansas City MO, Harrisburg PA). I'm looking for resources on how I can learn about these and ...
Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
When underwriting properties, I look for a 5-year ROI of >100% and an IRR of >12% (screenshot below of how those are defined). Please let me know if this is off-base. I am familiar with valuing companies, and I ...
What are the general terms offered? I imagine they'll likely live on site as well.
My rental condo is located in a very competitive rental market, just outside San Francisco, Ca. The town, Albany, does niot have rent control. I have an easy time finding tenants with no vacancy time between them, an...