Hi everyone,This is my first post here, and I have read the forums some time. I currently have two rentals, and I want to move into multi-family apartments in the Seattle area. I am a data nerd, and I am looking f...
Hi,I just put under contract a property in the Bronx, near St. Barnabas Hospital. House is on a 25x100 land and according to architects, I can build up to 8 units, all 1 bedroom. Now I just want to make sure the math ...
Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
Hi, I'm a new investor and believe I have a good potential. Listed at 120k, comps are solid at $250k. Problem is haven't seen the property, owner is still in property and it's been listed for 1 day. What are the risk ...
Hello BP, Lets say you meet someone with $200 Million and they want to put it into real estate. How would you add value to this person? Which investment vehicle would you chose? (Single Family, Commercial, Etc.)Who wo...
Hi every one,I have a propriety in Memphis that is braking even in income and expense .Just asking to see if I should sell or trade it in for a cheaper propriety .I have had it for about a year and its rented out for ...
I am just about to complete the sale of my first Subject-to deal. It wasn't a grand slam but when you consider the cash on cash returns it was pretty darn good I think.. Here are the details. I got the seller who w...
I've been looking for a new home for a while in St louis MO. But after way too many open houses and not much to show for - reasons being, not built as per my open space design, not in favorable part of the city, too o...
Good morning BiggerPockets,My name is Levi Shiverdecker and I am currently a Ph.D. student at Penn State. I officially made my first deal in May 2016. I have been using BiggerPockets as an educational tool for a yea...
Hi, I was wondering if someone could give me a quick briefing on the economics of being a real estate broker, particularly in CA? So you make 2.5%ish per home? If you're the buyers agent, what are the other fees invol...