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The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
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Hi All,I am looking to raise my rent by a significant amount and need some feedback from the community.Here's the situation:This is my first investment. I bought it in Jan 2016, a 2bdrm/1bath condo in Chicago's north...
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I have a refi coming up and I have some money left in the slush fund after a basic rehab. What should I spend a little extra on to make sure I get a high appraisal? Kitchen? decks? flooring? Bathrooms? additions?
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A good friend told me of a property belonging to the family of his kid's friend. Father passed away a 6 months ago. I'm told by my friend: $70,000 back taxes due. I checked two most recent installments paid. Wife...
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I have found a decent deal which I am deciding to flip. It is a short sale (price approved) and when the bank realized that the buyer (me) was also the agent, they turned around and said that they would not be paying...
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I bought a terrible house in a good neighborhood about a month ago. No one else wanted this house so I was able to get it for a great price. The house is a gut rehab, but even more than that, there's one thing that sc...
What's the best way to get licensed in MN? Everything I've looked up all seems to have programs to become an agent, but I have no interest in selling homes. I really just want the information but why not get the licen...
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After debts and household living costs, I have roughly $40k/year in disposable income to put toward down payments on new properties. If all goes well, my hope is to average buying $200k worth of property every year (...
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Hey everyone! Is there anyone in Mississauga, Ontario Canada willing to help me out on how to get started in real estate investing?
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Hey BiggerPocketsers (ya we really need a term for this community 😂)My teammates in insurance/accounting and my CPA are frequently asking me how much each property in our portfolio is worth with a breakdown of land vs...