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Hey! Back again as I'm trying to hone in my underwriting. Got this sweet spreadsheet from Coach Carson and plugged some numbers in for this local duplex that just came up for sale. Assumed purchase price at asking, go...
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Would you consider investing in a growing area with a low CoC % - say 5% or lower? I have researched potential investment areas and found a market in North Carolina that meets my criteria. For the past month and a hal...
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I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...
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Hey all, I am getting quotes on deck repairs right now. This is from an 1990s home. Deck is very neglected. Probably never maintained at all. One contractor told me basically to go conservative. Meaning:Pressure washs...
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I've been following the BiggerPockets podcast for a month or so. Bought my first rental investment in August on the Oregon Coast, a duplex near my main 'residence.' I have been a shorter term consultant in internati...
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I know it's been discussed at length, but I'm looking for more insight with regards to the business model that I'm considering. Here's the set up and the items that I think I have checked off:1- I've made my living a...
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Hey everyone, I have a few quick questions.What is considered to be appropriate renovations for a FHA 203k? Could it be used to just update a old retro home that hasn't been touched since the 60's or is it for legit r...
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Hey guysI just had a meeting with the zoning and planning here in west haven ct. they denied my application of having a vacant land permitted to build a small house. I needed a variance because the lot was too small. ...
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Hello! I am looking to buy a duplex in New Orleans--ideally I can house hack for about a year then move out and it will be a cash-flowing rental property. My problem is that I don't know what to estimate for water e...
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having trouble with a very basic concept-any wisdom is appreciated!help me get my head around this concept -" leverage " for lack of a better word have 5 properties - 3 are paid for (worth approx 150k each) and 2 - I'...