I'm looking at a 3 flat right now and one unit I will live in and the other units I will rent out. This isn't a house hack situation where I'm going to rehab and then flip. I plan to live there for the long haul and i...
How do I find the agent that has listed a house on Realtor.com?
They have the request more details form, but I suspect that it's just sent to a random agent, but I'm not sure. I've sent several messages using this...
So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
So many people are scared of what is going on in our economy because of what they are told by others. Yet, they really don’t understand what is making our economy tick. I recently received an ‘economic update’...
I am currently evaluating some small commercial multifamily properties (6 units). My understanding is that the pricing of a commercial property is based upon the Net Operating Income (NOI) and the Cap Rate.I have foun...
Hello BiggerPockets Members!I'm still very new to the real estate investing game. I've been taking the time to study and analyze properties for about 4 - 5 months. After gathering up the courage, I finally contacted a...
Good morning BP!
I’ve found a property that will need to be gutted down to its studs but as neither of my previous properties needed much demo, I’m having a hard time figuring out how much I should estimate for reha...
When you go beyond the 50% rule and start trying to estimate expenses in more detail, what do you use to estimate maintenance and repairs for an apartment building of say, 20 units? I know there will be a big differen...
Hi Everyone!My wife and I are closing in on a year of our house hack in Albany, and are looking to expand across the river with a BRRRR tax lien deal in Troy. I've been running some numbers and lining up financing thr...
Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked for long enough). I've been using the Rental/BRRRR calcul...