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Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize th...
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Hello, Bigger Pockets colleagues! This is my first post and it's a question I've been wanting to ask for a long time. I keep reading about investors purchasing properties in need of major work and completing all renov...
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I had someone contact me about selling his land. It's 1 Acre and it has an old abandoned Mobile home on it. It's been abandoned about 8 months. The land cam be used for commerical or residential. He inherited the l...
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To be my own boss!!! But seriously, I need advice to make this happen, at first I was all about wholesaling, but I realized as I learn more on here the more I want to be a landlord and buy and hold homes to build my n...
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I am thinking about purchasing a multifamily investment in Rochester, NY using an FHA loan so I can take advantage of the 3.5% down [possibly the 203k if it needs some improvements]
I would be doing this and ...
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Hey guys!
I think there is more to take into consideration when evaluating a potential income property than just cashflow, cash on cash return and cap rate. What factors/data you also take into consideration?
I pay ...
Good evening everyone, I am new to the forum. I am currently a university student who is studying finance and working part-time as an accounting clerk making slightly above minimum wage. As of right now I have about $...
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So I've read a few books and watched a lot of bp videos. I search the local market in Bellevue Washington only to see people want 600k for a house I wouldn't spend more than 200 k on. I guess my lack of knowledge here...
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Question.... I have read CAP rates are not best for analyzing residential properties, and are better for commerical. Is that correct, and if so, why? I am looking into multi-family properties
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I’ll jump right in. I’m 26, single mom of an elementary school child. I’m currently saving 26% of my income each month.
I have never purchased a property, I have little to no debt, open credit card but no debt. Curre...