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HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
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Hi All, I’m new to the whole real estate game (down town Chicago). I found out that my rent was the same as a mortgage, so last year I made the switch. I purchased a fixer upper, moved in, and did the work myself. Now...
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Hi All,In advance, thank you for any and all help/advice you are able to provide. My fiancee and I have an accepted offer on a duplex in San Diego, very close to San Diego State in a great neighborhood. The terms of t...
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Hello,I was told by several real estate agents that we cannot price our property wrong as the market will correct itself, is this true ? Meaning if we go too low, we will get higher bids. If too high, offers will be l...
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I would appreciate some input on an old 60s bathroom. It is a rental apartment and I am reworking some plumbing behind the walls.This is a picture of the bathroom. As you can see ugly teal 4" ceramic wall tiles, whi...
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Tapped into my primary home equity and have a $100k HELOC. Want to secure another $40k for DP without using my reserves. Single family property with ADU. Main house and ADU has long term renters wanting to stay. $700k...
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I am looking for some advice from SD IRA and HUD/FHA Multifamily financing experts here. I am interested in a 8 unit multi-family (7 residential + 1 commercial units) in Rhode Island. I would like to set up an SD IRA ...
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How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...
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Hey! How are you? Today I was discussing with my family about inmigrating from Argentina to United States. We are a family of 4, my 60year old dad, 49 year old mom, 12 year old brother and 20 year old me. We got tired...
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My guess is that you had mixed thoughts when you originally read the name of this topic. I wanted to generate as much interest in it as possible and hope it will serve as kind of a warning to a lot of people here on ...