Quy Huynh
10 single houses vs A 10-unit building
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...
David Schach
50% rule seems extremely arbitrary
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 ...
Corbin E.
High sales price or too conservative of assumptions? (4 plexes)
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...
Nicholas Hamblen
How to get out of listing contract
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 ...
Keith Cuddeback
Cash flow vs. BRRR method
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 ...
Zevi Arem
When to start looking for deals
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...
Chris H.
Mobile Home Park Deal Analysis
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 ...
Jensen Jeune
Locating Seller
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...
Ben M.
Are plumbing issues common in 40 year old homes
I am looking at a house built in 1980. There seemed to have been quite a bit of plumbing issues:1) Piping under the bathroom sink of 3 bathrooms had a leak and pipe replaced2) Leaks in the walls behind tub faucets due...
Jim L.
Valuation of a septic drain field?
Landlocked property has an easement over a 1/4-acre ell in the neighboring property that otherwise blocks the property from the road and is largely (desirably, for privacy/noise) covered in trees. Owner of neighborin...