Brice Perry
Suggestions on how to finance next deal
Hello
This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the...
Luke Andersen
Best places to invest for first time investor?
I'm very excited to start my real estate investing journey. I'm currently making the big decision of where to start though. I've heard places that states like Taxes, Ohio, Florida have great ROI and affordability. If ...
Ryan Tongue
Finding "red flags" on older property listings.
Hi all, quick question today.I've been looking at a few older property listings while searching for a buy-and-hold rental property in Michigan. I'm aware that I should be watching out for "red flags" on these older pr...
Matthew Matilsky
Invest in NJ or out of state for first multi family
Curious if anyone has opinions here. I already own a house in north jersey not far from Morristown, thinking about buying my first multi family long term rental locally or somewhere like Buffalo or Cincinnati… I have ...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Jc M.
Being Swallowed Alive: The Collapse of San Francisco
I was born and raised in San Francisco and as we all know, this city is changing big time. My wife and I felt fortunate that we were able to buy a home here in 2016 despite the astronomical cost. Our children know not...
Conway Churaman
HELPPPPP!!! About to be kicked out of place by owner....should I buy it?
So two years ago I became a member here at biggerpockets because I was interested in becoming financially independent. The consensus here on the forums was that I shouldn't get into real estate if I wasn't going to b...
Evelyn Kop
New OOS Investor looking for a Trustworthy Turnkey Company
Hi Everyone!First off I want to thank everyone on BP for being incredibly supportive! I've mostly been browsing the forums and binge watching the podcasts, but the few people that I've already reached out to have bee...
Jonno Rushbrook
The Biggest Mistakes You Seen Being Made by First Timers
Hey guys, absolutely love this site and everyone on it. I'm just about to jump into the Buy & Hold side of REI and just wondering if anyone has any classic mistakes that they would see a first timer like me make c...