I live in San Diego, CA and want to buy my first rental property but I don't have a primary residence yet. Does renting an apartment so I I can use my savings out of state sound like a good idea? Or would you dig for ...
I am overthinking this way too much... but I have an amazing calculation sheet.With that said I am curious as to if I should run the numbers with 3 occupants or 4 occupants if I plan to live in one of the units. Havin...
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Just an introduction to help you help me: I live in Los Angeles, CA, and I am the Regional Manager for a marketing company. LA property prices are completely out of control, and the amount of bids a house gets just te...
Hi all!I've created an excel document that basically takes BiggerPockets four quadrant analysis and puts it in an excel spread sheet. However, I need to figure out what is wrong with it. Yes, I could use the BP calcul...
Hi,
I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...
Hello BP Community,I am a new investor. My wife and I have been waiting for a multi-family property that works for us, between 2-4 units, to come onto the market. In addition to being new investors, we’re moving to a ...
Hello BP-I have recently been talking to a seller about a 9 unit apartment complex in Eastern North Carolina. It is all one story, with washer dryer units in each unit, and parking directly in front of each unit, so...
Here is an investment I am considering. It is for a short term vacation rental property. The owner provided me with all the numbers, but to save time I will just give you the basics.Asking Price ...
Hi everyone, I’m trying to acquire a property in Albany, NY. Do you think I should go for it based on the numbers below?The property price is $205KTotal Monthly income from the 3 units: $2,583. Monthly expenses: $2,32...