Hello BP Forums!!! I was recently contacted by a wholesale connect of mine who pitched a Duplex to me. I'm currently not in a position to jump on another project as I'm still working on one at the moment. But the situ...
Hi, Is there any corelation between GRM and Cap rate when evaluating multi family home deals? Pl suggest. Thanks
I am considering purchasing a duplex in a small town. When chatting with some very helpful people here on BiggerPockets something popped up that I never considered. Longer vacancies because of the limited pool of qua...
Hello all,Here is the situation:Our town just increased taxes on commercial properties significantly. $5,500 more per year on a 16 unit property. The property contains four buildings all with 4 units. Townhouse style ...
Building a real estate business where a significant part of my business comes from wholesalers feels unsustainable and here is why:- They have no legal responsibility to anyone other than themselves, not the buyer, no...
The 2% rule, often discussed here, peaked my curiosity as to what returns BP members seek and achieve. On my side of things, California retail caps trend anywhere from 3.5% to 6.5% for investment grade Tenants.
I am looking into purchasing this home that is in a college town with lots of renters. It is the same city in which I live so managing would be fairly easy (10 min drive). Below is my analysis and I would appreciate a...
I am approximately 14 to 16 months from having a high enough credit score and a decent enough down payment, To purchase my first rental.
Having lived in this area for eight years. I know this is a dead zon...
I am currently working with a realtor to submit an offer on a short sale. The realtor said that the bank is only considering one offer at a time, and that my bid won't be considered unless the offers submitted before...
Hello all... We are trying to offer a better reward schedule to Realtors that bring us deals.. What! Pay more for deals? YES! why not. We are not greedy and believe in sharing the wealth for a job well done. That said...