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So I recently came across a apartment/motel opportunity in upstate NY. So their are 2 properties, one is basically a building with 3 apartments inside and the other building is a 9 unit motel. So basically here are th...
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My name is Rolando, I am 28 years old. I started listening to BiggerPockets podcast in October. I am planning on house hacking. I already saved enough for a down payment, and been pre approved. I am currently in the p...
Hi there - My problem seems pretty straightforward, but my tenant keeps asking for his damage deposit back so I want to be prepared in case he takes me to small claims court. The short version of the story:
January ...
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Afternoon BPers, I'd like some advice and opinions on my deal analysis template. The picture provided is for a multiunit I just did. I'm pretty green to investing but have done a lot of research so would love everyone...
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I currently own a sfr. Current loan amount owed is $358,000. Current value of home is $550,000. I have rented this out for the past 3 years and am wondering if I should sell and take equity to put down on another prop...
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Hello All,
I'm new to BP, and I look forward to meeting many of you! I could use some help to figure out my next steps in this journey to be as successful as you all.
My journey started last year, April 2021 when ...
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Hey everyone! I’m trying to get a loan from that won’t they won’t have to consider my business. My W2 income alone would qualify me for a $600,000 loan but when they apply the losses some of my businesses took I can’...
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I am curious as to what everybody uses to evaluate a 4 plex to determine if it's a good deal or not. Should I be using the 1% rule like a SFR or should I evaluate it based off the NOI and Cap rate?I have seen two ways...
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I have a general question about business and real estate. I keep hearing places that people often buy real estate to offset other businesses. Is this just for tax purposes? I need some more detail on this subject. Tha...
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Property purchase price is $100kTotal monthly Rent is $2,000After all expenses are paid, including management of $200 per month, the cash flow is $600 per month.I found this deal, but due to other pending deals, I do ...