I am a new real estate agent. I live in Charleston,SC and have saved up $20k in the past year. I don’t know whether or not I should buy a rental property or buy my first primary residence. I’ve looked into some multi ...
Hey Biggerpockets, I just evaluated a 3/2 SFH (1,350 sq ft) with ARV of 230k. The garage was converted into a family room. It was an not permitted but it was done well. Should I count this in the sq. footage when a...
What's everyone's experience with Airdna on accuracy of forecasting revenue, ADR, and booking or occupancy rate? I'm looking at several properties in Corpus Christi, Tx. Airdna says occupancy should be 60%, ADR is $23...
Hello BP,I have purchased two BRRRR properties this year using personal LOCs through my lender. Both homes were purchased with cash and most of the renovations were paid out of pocket. Both are doing well and are rent...
I have been lurking in the background since 2016, so I figured it was time to finally venture out and introduce myself. Investing has always been a fascination of mine and now I think I actually have the balls to star...
I’m moving to Montana with my wife and two beautiful boys in the beginning of 2021. We “own” our home and we refinanced with a VA loan. Remodeled the main level and laundry room. Should I sell my house NOW and buy ...
Hello BP Family,
I am closing on my first multi shortly, the rents in Woonsocket are as follows 1st Unit 2 bed 2 bath $895. 2nd Unit 3 bed 1 bath $995. 3rd Unit 3 bed and 1 bath $720. The 3rd unit needs to be updated...
Hi guys! Can you please help me out?One of my rentals is really old (almost 100 years old) and never really game me any problems, which led me thinking of buying a 100 year old fourplex.How do you usually plan your ...
I have an older gentleman that is wanting to sell me three income rentals. I've tried to put them into the analyzer but, I don't think I did it correctly. I have a duplex and a manufactured home and even a single fami...
Sale price 65k, rent $800, VA 0% down payment, cash flow $200, cash flow w/factor $50 including property manager. Really slow area. Average price for similar Townhomes on the areas over 75k. A lot of properties on sal...