A Blog on BP gave the following example:The after repaired value (ARV) of a potential property is $200,000 and you can purchase it for $100,000 and it needs $30,000 in repair costs. In addition you have to consider th...
Just saw this article and scratching my head why I wasn't presented with this as an option for capital gains by my CPA. Is this something brand new? Can funds be invested retroactively in opportunity zones?http://www....
Hello Fellow Investors,Looking to help out a friend. He's looking to start his real estate journey and found an agent through a forum who is suggesting to start investing in Detroit, MI (Zip 48224 and 48227). The agen...
Hey guys. Thought some of you might be interested in seeing some actual numbers from a deal. So I'm posting my owners statement from my property management company from 2019 and some relevant numbers associated with t...
Hey everyone! I just wanted to share a recent success story (will know if really a success in a few months after re-sale) all due to Bigger Pockets and the community here. About a month ago due to one of my previous ...
Are there any old timers on here who owned apartment buildings through the last cycle? I'm curious what happened to your NOI. Did it take a hit, and by how much? Was is from increased vacancy, increased concessions...
Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly. Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land...
Has anyone ever acquired a severely distressed property (long neglected water damage, structural damage, mold, hoarders (and cat poop)) and lived to tell about it? We are so shocked by the state of a recently acquir...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $155,000
I just recently came across a post on the BP forum "Seeking Biggest Mistakes" and f...
Not sure if this question is allowed here but thought I would give it a try! I’m in the Portland Oregon metro area and just passed the RE exam and ready to find a principal broker. I have another flexible job at the m...