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Hi All!This is one of my first posts so bear with me...I currently live in Newport Beach, CA but am relocating back to Charlotte, NC here shortly in the next ~ 2 months for various reasons. I have been listening inten...
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How much is a rough estimate to demo an existing house to build new construction? Existing house of a property we are considering needs so much work I think it would be more beneficial to completely demo and rebuild....
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Hi everyone,Used to have another biggerpockets account but i don't remember the login, wasn't too active anyway.I'm an experienced investor looking to test out the Detroit market.My current market is Ohio and buy abou...
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Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
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I think about data a lot. In fact, it's what I do for a full time job (data scientist). Part of what attracts me to BiggerPockets is the valuing of clear metrics such as COCROI, being careful about estimating potentia...
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Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
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Hello BP Community. I'm may put it an offer into a SFH that needs work. Looking at the sales price and comps in the area, this might be an opportunity to Brrr it, yet I'm struggling to figure out the calculator to u...
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We bought a rental for cash about 8 years ago and it's cash flowed very well. I'm trying to evaluate if we should keep the property or sell it/1031 exchange into another investment, but I'm struggling to figure out ho...
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Hello,
I've been shopping around trying to figure out the best rates to do a VA cash out of my primary. I owe 300k on a 30 year, 2.75% rate mortgage. I'm looking to pull out possibly 300k. My DTI is ~47%. My credit s...
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Hello everyone! I've been a landlord for 11 years but I've been really wanting to speed up my acquisition of properties. (Only have 3. Basically bought off the MLS when I had some money saved up for a down payment.) I...