I have been running deals for practice. In running an STR deal, I found a huge return. I am analyzing the deals based on monthly cost and using AirDNA to determine a recommended daily rental rate. Similarly, AirDNA cl...
My wife and I were absolutely determined to buy an owner-occupied 2-4 multifamily so we can save money and work towards financial freedom. However, we were having a problem getting banks to lend on duplexes (standing ...
I've been torn between the follow decision.
A 10-unit building financed making 10% cash on cash annually
VS
10 single houses paid for in cash making 18% cash on cash annually
I want to obviously go the 18% rout...
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
Per the title, I am evaluating small multi's on the MLX (duplex - quad size) and have found 90% of the deals I encounter don't pencil. The confusing part to me is that the MLS listings will provide the 1) Gross Annual...
My wife and I recently flipped our first house in Indianapolis. The house has been on the market for over 50 days and had no offers. My wife talked with our agent and she said her new role at her agency did not allow ...
Hello Bigger Pockets. This is my first forum post. I am a new investor. I have worked in the investment area as a contractor, but this is the first investment personally. I am intrigued by the BRRR method, as a first ...
So I have been listening too podcasts, reading books and watching YouTube videos on Real Estate Investing for around 2 months now. My question Is after how long if learning about the industry should I start acting upo...
Hello,I've come across a 3 acre mobile home park for sale, and can use help with the analysis:Current Asking Price: $145,000 for a piece of land with 35 hookups. There are currently 20 spots filled at $150/month. (20 ...
I located a vacant property (4,482 sqft Multi-Family) in the Massachusetts area this afternoon and contacted the tax assessor and confirmed the following details:
Tax Title:
$16,116.71 - $6.69 per diem/daily
$4,029.2...