Hello Investors-When you are analyzing a deal, do you use the 1% rule? If so, do you add the other costs into that rent amount?For example, if I purchase house for $150k, the 1% rule would be to have the rent at $1,50...
So I was curious about a certain aspect of partnerships. Let's say I use a partner to finance the down payment and rehab of a certain property and in turn we will be splitting the cash flow. Am I locked into this part...
Purchase price: $55,000Repair Cost: $11,000ARV (based on cap rate): $183,000. (Keep in mind, comps would never justify this figure, but I Wanted to insert just to show the income value) In this town, there are very fe...
Hello Everyone, I am new to the BP message boards. I am currently living in Revere Ma and interested in investing 2-4 famiiy properties in western Massachusetts, Fitchburg, Leominster, Clinton. I have been listening...
Did you know that New Mexico has one of the most accommodating securities laws in the country? Under the 202X exemption, investors can raise up to $2.5M from non-accredited New Mexican investors if the funds will be i...
I just wanted to take a minute and thank BiggerPockets for helping my wife and I have our first successful year in real estate. There are soooooo many details I could share but I will keep it brief.I was first intro...
All:A broker I do a lot of deals with brought me an off-market Mobile Home Park. Here is the overview that he provided me:Asking Price $1,200,0009 Acres43 total approved and zoned spaces34 park owned homesMHs range i...
Hey Everyone- I am currently in discussion with the owner of a 30 unit mobile home park and need some advice input. I have studied MHP investing and this would be my first deal. I currently have 26 residential rental...
Hey everyone,First time posting on the forums, big fan of biggerpockets podcast, listen to it every morning at work! I'm currently going to look at my first ever deal to buy a duplex here in Rochester, NY. I am meetin...
Hi,My name is Samantha and I've recently began learning about real estate investing. I have attended some seminars on the topic and it has sparked my interest immensely. I am working on currently creating my business...