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I recently got under contract with a single family home near a brand new hospital where i intend to market to traveling nurses as there is a lack of inventory for that class of tenant.
This home does require cosmeti...
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Hi BP community,I've been RE investing for about 12 months now. Own a 4plex, 2 single family homes, and am looking to continue investing. Recently I've had friends & family express interest in investing with me in...
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Hello. We inherited a home from my dad and we're not sure if we're going to flip it ourselves or sell it as is. It's a site built home and not in great condition. The issue is that he has 2 old mobile homes on the ...
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Hi BiggerPockets Friends!I am about to say "No" to a tenant in response to a request for having a cat in the room. Would you recommend the best way to do so?Of course, the lease does not allow to have pets.However, it...
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How would you renovate a tenant occupied unit or would you completely stay away from this Idea? We had recently bought our first duplex in February and inherited a tenant on one side. We are House hacking and renovati...
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I have done PL lending inside of Roth IRA. Now want to branch out to my personal fund outside of Roth. A quick tax question - is the income from PL treated as passive or active in the eyes of IRS? Thanks for any insig...
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I need some advice. I evaluated a deal that confused me a little bit. From my understanding, when adjusting square footage on comps, you adjust the value of the comp up if the comp has less sq ft than the subject an...
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Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
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I am trying to raise funds and was suggested to offer equity in my properties at a 10 cap rate. So, if a property makes $8,000 NOI a year, at a 10 CAP its worth $80,000. Let's say I paid $50,000 or the property 3 mont...
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The bp web site is awesome!! I have learned a lot over the past 6 Months. I'm a flipper and really getting into flip and holds. I just picked up my 4 rental and I'm totally stoked about it. I have one single family I ...