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What is everyone's opinion on Multi use developments?
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This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
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I am looking at a mobile home park that has (5) mobile homes on it. Current cash flow is $557/MO - Cap Rate 6.9% and COC 18%.Does this sound like a great opportunity? Looking for some feedback and thoughts. Thank you ...
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So - I've been in Phoenix MSA for about 7 months now. I feel like I have a grasp on the market. My wife, @Patrisha Leybovich is an agent with Keller here, and she is pretty sharp.Wholesalers are absolutely ridiculous ...
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Little back story. I Have been trying to get started on real estate for about 3 years now, my wife and I were close to pulling the trigger on a property when a plot of land came up at a discount price. We’ve always wa...
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Investment Info:
Single-family residence buy & hold investment in Surfside Bch.
Purchase price: $190,000
Cash invested: $40,000
Beach House on Texas coast purchased for STR income.
Wha...
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5 Month Update for Fayetteville NC: Previous post in Market Data Thread -https://www.biggerpockets.com/...
The .5 represents a ChatGPT produced market review of Fayetteville -https://www.biggerpockets.com/...
*This ...
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Hi Guys,I have a 4 bed 1.5 bath single family home in Norristown, PA. When I purchased this property last year 2022, the appraisal was 250k. I took out a 180k loan due to high rehab costs for 100k and completely did a...
Hello friends, anyone run into this scenario. Just purchased a SFR in La Verne, CA. I have a legally built and permitted detached garage in LA County which meets all specs for ADU per zoning, fire, setbacks etc.
T...
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Before coming to BP I bought 3 condos with HOAs.. and I'm realizing now why many people don't like properties with HOA... I have a question related to this.. one of HOAs have been increasing...started off at $278-4 ye...