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Hello all,
I'm trying to decide on where I want to purchase my first investment property. I've been looking in both Rochester, NY and Buffalo, NY, but also looking at neighborhoods on the borders of these cities. I ...
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Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...
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Are there any meetups in the IE, OC, San Bernadino county area?About to close on my first Fourplex. Using FHA loan. The offer was accepted, but Getting a bit nervous. The numbers look right according to the Renal Pro...
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Hello everyone! I would like some opinions or advice. Here is me and my wife's situation We bought our townhouse for a little over 60k and closed in September of 2016 (and this is our residence) our HOA is $125 a mont...
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After a lot of researching, reading, and planning, I'm getting closer to purchasing my first property. The goal is to buy a cashflow rental condo unit. I settled on a condo unit for a few reasons: in my target town, a...
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Hello Bigger Pockets brain trust,
I'm looking at a 4 plex... cash flow looks decent, ~$120/door. Cash on cash looks like it would be about 9.5% (Brandon Turner talks about trying to get 12%), and Cap Rate is looking ...
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Hey Biggerpockets peeps,I am looking to take on my first investment property EVER. I dont want to be stuck on analysis paralysis so I came here to hopefully get some insight on what I should be looking to expect from ...
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Hey guys and gals, So over the past few days I've decided to put my finance and business background to good use and build a financial model from scratch, using a few ideas and pictures I've seen around the internet an...
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Hi everyone! I found this thru the Marketplace from a reputable person. Here's the info:Purchase Price- 60,000Closing Cost-4,000Repairs- 30,000 (he emailed me the full inspection report and had a contractor estimate a...
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In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...