Evan Manship
Indianapolis Project: Seeking Advice/Investor
Help!I purchased a 7,000 square foot, 4-unit multi-family home last September with the intent of utilizing a FHA 203k loan to rehab and lease the units while living in one of them for free. However, after a long story...
Daniel Bryant
Lets settle this once and for all..
A house in (random B class neighborhood) the midwest/south costs 100k and rents for 1200.00 a monthA house in (random B class neighborhood) NYC costs 800k and rents for 2500-4000 a month.Why on earth would anyone wan...
Zachary Sit
[Calc Review] Help me analyze this deal - Did I Do This Right?
Hello BiggerPockets Friends! I just went PRO this week and decided to take advantage of all the great BRRR tools provided. I ran this report under the context of getting a hard money loan and following the BRRR strate...
Jacob Lockard
House Hacking Options
Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
Tareq Salaita
What is the best way to grow after paying cash for MF in Atlanta
I bought a MF unit in Atlanta 2 years ago and now I have found the value has gone up by about 30 percent. The property is paid for by cash (clear title under LLC name) and has been generating healthy cash flows. I nee...
Kevin Sack
Active Duty Investor in Clovis, NM (Cannon AFB)
Hi everyone, I’m Kevin, 27, and an Air Force Pilot. I’m excited to say that yesterday, I vacuumed my truck. If you don’t know what that is, go listen to Podcast #276. I first became interested in real estate when in m...
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Choosing An Area - Where to Buy Rental Property?
Reprinted with permission
When choosing an area where to buy a rental property, there are several things to consider including, distance from your home, supply of potential tenants, average rents you can collect and ...
Collin Wong
How do you calculate repairs/maintenance?
When doing my analysis of a property, rental income is easily verifiable as well as property taxes, the cost of insurance, etc. However, I'm not sure what figure to use for repairs/maintenance as it can vary dependin...
Andrew Terrell
Who to contact about metering utilities seperately?
Hey BP!Here is the quick and dirty. A partner and I are closing on 5 single family properties in Shawnee, OK at the end of the week. Two of the homes are on one lot, and the water is NOT metered seperately. Also, the ...
Louis Porter Jr.
The HomeStyle Renovation (HSR) mortgage from Fannie Mae
Has anyone tried or used the HomeStyle Renovation (HSR) mortgage (https://www.fanniemae.com/singlefamily/homestyle-renovation)? The loan says the amounts typically fund between 65% – 95% of a property’s purchase price...