Ajeet Baath
Austin Real Estate: Is this a solid plan?
Hello all,
This would be my first time investing. Some background on me, my fiancée and I make a combined income of around $170k and we live in southwest Austin, 10min from downtown. We are looking to buy a home for ...
CJ Sanders
Who's investing in Indianapolis??
I'm looking for a little insight on the Indianapolis market. I live in Illinois, just east of St. Louis, and the areas around me, that I think are worthy of investing in, have property taxes that are so high it's har...
Heather U.
cap rate and 1% rule question on a potential purchase
I am looking at buying a property for 165000. It rents for 1500 per month. Clearly misses the mark on the 1% rule. But from what I can figure it has a cap rate of 7.11%. The cap rate seems good but the it misses on...
Fredrick Hock
Sight Unseen - How to Avoid Deadly Disaster??
Howdy,Does anyone have experience buying properties sight unseen? If so, would you be willing to please offer any tips/advice that would help a newbie avoid potential catastrophe?I am a first-time home buyer who is c...
Jordan Archer
How do you make an offer (wholesale) on a property when you don't know the repair costs?
Hey BP,I just sent out a marketing campaign, and my phone is already ringing.Naturally, I want to make offers on these leeds. How do I make these offers without knowing what will be required for repairs? I'll be able ...
Nathalie Smith
Share your advice and wisdom
Hello Everyone, I am new to Biggerpockets and I spend hours listening to podcats. My question to you is:I have been living in a coop in new york for over 10 years and it is a 1 bedroom apartment. I have listed it for ...
Bud Dwyer
How to use a refi to purchase 15-20 SFRs?
I'm doing a cash out refi on some buildings I own in order to buy 15-20 SFRs in another market. The purchase price of each SFR would be in the $50k-90k range. I plan on putting down %20 on each one.
The loan office...
Tayo Adanri
New Investor in Cincinnati
Hello Everyone,My name is Tayo Adanri, and I've recently moved to Cincinnati for work after graduation college with a degree in finance. My father is a real estate appraiser and owns rental properties in my hometown, ...
Shepard Solomon
Need some advice on negotiation
Hi,I wanted to get advice from others who been down is road before. I have a property I’m interested in that is listed for $55,000 and been on the market for 634 days. The home value is $49,000. Also the comparable ho...
Kyle Weckman
Direct Deal Advice Needed
I have an opportunity and need some BiggerPockets advice!I am currently closing on a Short Sale Duplex down in Chicago with the following numbers: $500K Purchase Price$100K Rehab budget$750K After Repair Value$30K equ...