Bob Vollmer
looking to invest in St. Louis
Good afternoon fellow BPers,My wife and I have been thinking of moving back to the midwest (St. Louis region to be specific) and I was hoping to hear from some experienced St. Louis investors, brokers, lenders or any ...
Taneisheo Ferguson
Buying a Miami Condo 2017
So I was thinking with the luxury condo market slow down and the large inventory we have currently (some condos still under construction, I work on one) there will be deals on older condos next year. Do you think it w...
Account Closed
Paying off Rental Properties
What are some of the pros and cons of paying off the mortgages of a few of your rental properties? Thanks!
Ray Browne
What kind of cap rates are you looking for?
I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
Marcella Hoard
The Washington Post - Why single family homes are better
The Washington Post recently published an article outlining four reasons why single family home investments are better than apartment complexes. They are summarized below as more favorable financing, easier to sell, m...
Johann Jells
Flat roof advice needed, roofing old building becoming nightmare
I'm putting a new roof on a 1,150 gross sf ft brick 100 year old rowhouse. I've had 2 highly recommended roofers in and my head is exploding. Roofer #1 only uses PVC, and tells me he'll wrap it over the low parapets ...
CK Hwang
Does anyone really use the 70% rule when buying in today's market?
Hi everyone, I was just reading through this article today,
http://www.biggerpockets.com/renewsblog/2013/01/16/how-to-lose-money-flip/?utm_source=BiggerPockets+Newsletter&utm_campaign=65d81ad5e0-January_17_2013_...
Kheri Mourad
Can't stop thinking about rental properties
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
Duke Giordano
How Would a Recession Effect Real Estate Syndication Deals?
Hello All,Thanks in advance for your reply. I have several hundred K to invest, have vetted syndicators for the last few months and I am at a point where I know I am coming into the real estate syndication market its...
Timothy A.
70% Rule in This Market?
Hi everyone,
I have a question about what people think of the 70% rule in this market. I'm in Southern California and experiencing the same low inventory problems as many regions. Houses are getting picked off the ML...