A first class rehabbed building looks interesting. Is it the best use for our money? It would be a step up from our 4-family in both size and location. The location is in the Central West End of St. Louis, where the...
I see many houses getting bought at very high prices for the area. If no sqft is added then obviously the sales price is limited. Is 30K-40K a respectable return in that situation and is that the goal?Different stroke...
I'm looking for cost effective Real Estate Analysis Software that handles multifamily. Ideally, the software vendor will offer some sort of try before you buy option. The software needs to handle the full range of ana...
Do you look at percentage of rent that is property taxes or cashflow as an indicator of a good deal? For example, let's say cash flow is 25% of rent, is there a percent you don't go below, etc?
I am trying out some new strategies to find deals in my area. One strategy is using my county assessor's website to find the current owner of properties, how much they paid for the property, size, number of units, et...
I am sure the consensus is start small, and I agree. Swimming any unknown waters carries uncertainties, and doing so with no experience makes the trek even more hazardous. Hoping that displays by basic comprehension s...
Hello BP, i'm interested in doing a syndicate deal. My first idea is to get a sponsor because i do not have the credit, history & etc, for the bank loan for the maximum LTV and will be under a LLC which will have ...
And I got a call this morning from a tenant . They wanted my insurance info . I am thinking something happened to the house . So I asked what the problem was . " We had friends over and you know that big tree in t...
Hey Bigger Pockets,Today I was hanging out with one of our hard money lenders and told him about BiggerPockets. After I told him the gist of its networking abilities, he told me: "Sounds like Picking Pockets!!" Hahaha...