Hi all,My name is Drew Sukovich and I live in the San Francisco Bay area. New member here with little to no experience in real estate investing other than purchasing my own home about 20 years ago and going through t...
Hi All, I'm a newbie to the REI world and I'm interested in starting my investing journey in the small multi-family (2-4 units) universe. My question is around current mortgage rates. The mortgage broker that I've wor...
Hello Folks - This is my first post at BiggerPockets so please be patient with me. With the disclaimer out of the way, here is my doubt!I have been savings for a while now and been renting. I have ~120k saved in HYSA ...
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Hi, I happened to see a multifamily property come up in my husband's old neighborhood. I find it intriguing for a couple of reasons and wanted some input on how you would go about evaluating a deal like this.It's esse...
My partner and I recently bought a 12-plex in Moorhead, MN. This is after we purchased two 4-plexes in Fargo, ND in March 2015 (we bought the 4-plexes for $165k each, 8.5% cap rate). So far, so good in finding decen...
In a healthy market we hae 1500-2000 listings at any given time. Right now, we have 297, and many are major fixers and over priced. What is your local market like? Where? Even before the rate increases our market was ...
Does anyone have an idea on what fair cap rate is in seattle? Everything in my area seems so low. Also is it common for seller to want 10% earnest money held back after feasibility test?
Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as ...
Curious for suggestions on great tax and business attorneys. I live and invest in Omaha, Nebraska, but I’m informed that I don’t necessarily need a tax attorney from the area. For example, I’ve heard great things abo...