I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...

I’ve made a few offers on multiunit properties in Chicago that I would be house hacking but haven’t had any luck on getting an offer accepted yet. With my current financing, finding deals that work for me in areas I’d...

Hi everyone, My name is Joey Shanahan. I am a Registered Dietitian that works in hospital food service as a Director of Food & Nutrition. I am currently trying to educate myself as much as I can before I jump into...

Hi Folks, 
I'm looking at a higher-end loft-style condo in a historic/artsy neighbourhood. Two obvious options are to do a str mainly through Airbnb and my own connections or rent it as a longer-term executive rental...

Hi all, I've got a potential deal, and I'd like to hear your opinion. I've broken out the information into four sections to help make the post digestible: seller info, property info, financials, my questions to the co...

Houses here are going in 2 to 3 days so I have to make a decision fastLooking at a 207k house that would only yield a $150 a month positive cashflow. But houses are appreciating fast here at a rate of 10 or more a yea...

Hello, fellow BiggerPocketeers!Recently we asked you what sort of features you'd like to see on BiggerPockets, and a recurring suggestion was a way to save articles, videos, podcast episodes and forum threads so you c...

In a 69 year old retired female on fixed low income. I think that market value of rent is sociopathic. I rent with a roommate. New owners bought property. We have to move out as they are renovating and building will b...

Hello all:I just finished rehabbing one side of a duplex and have two great tenant candidates.OPTION A: Will pay $1,250 and has no pets.  2 adults and 2 young kids.  Great all around.OPTION B: Will pay $1,250 + $75/mo...

So........ I just got my first property under contract. Now what do I do? Can someone please give me the last steps in this process.Thanks in advance