Naveen Desai
OLD property, long term renter is in place. IS this a deal and property Value at the end?
Please advise.
2 factors that I thought would average out and therefore not include i calculation.
a. No down payment.
b. Interest is not accounted.
Purchase price70000
Inspection...
Carlos Rubio
How to calculate the value of a fourplex
I am a new at this and I am going to see a fourplex that is an REO vacant and need a lot of TLC. I need to calculate the value of the fourplex. Can someone tell me which formula I need to use. Thanks in advance for yo...
Ryan Knapp
6 Acres East of San Diego - how whsohlf
The property is 20 mins from San Diego proper and 30 from the beach. It’s on top of a mountain and has world class views of the mountains/foothills to the east, south, and north. It’s currently a single lot and contai...
Jerome Morelos
HELOC or Home Equity Fixed Rate Loan
I'm debating on whether to use a HELOC or a Home Equity Fixed Rate Loan to finance a garage conversion ADU. I am in the process of getting bids for the 350 sq ft garage conversion ADU, but I'm expecting 70-85k. Could ...
Mac Caspersen
Where to move in the US for investing for the beginner
Hi Bigger Pockets friends!
I am in a unique situation in which I’ll be moving from Hawaii back to the mainland within a year after selling my business, and I’m trying to figure out where to move to. I will have a mod...
Diane Tycangco
Is Cost Segregation Worth It for 7 unit $600k Apartment Building?
Hello everyone! I have been gathering information and some people say cost segregation is only worth it for expensive buildings. Is this true? According to Turbotax, with 27.5 years depreciation, my $600k building ...
Account Closed
Flipping homes in Los Angeles
Hey guys,I’m considering moving out to LA to get into flipping homes there. I’m coming with a budget of about 1-2m (including financing) I have contractors that can do all the work for me at a bit over cost (or at cos...
Ian Tyndall
Want to collaborate on building a STR GPT?
Hello world!This week OpenAI announced the launch of its custom GPT functionality. I started one to help STR hosts (free to use):ChatGPT - STR Property Optimizer (openai.com)The focus is on discount pricing strategie...
Sean Mathes
Hot Colorado Dream Deal turns into a big mess.
My Townhouse in Colorado under contract in Colorado. Insane Market! I listed a rental property I purchased in 2007 here in Northglenn Colorado on Friday. The property was listed at 180k, the market here is so insane t...
Jimmy Mooney
Using credit to purchase a property and then immediately cash-out refinancing to pay it back - is this possible?
I have a small amount to use as a down payment but a lot of the properties I'm looking at are "cash only" and no financing available. Is it possible (with good credit) to get an unsecured line of credit, use my own ca...