Amanda Rose
Appraising a 3 unit with no comps nearby
Good afternoon bigger pockets. This is our first post! My question is this....We are under contract on a 3 unit. It is in a neighborhood of single family and duplexes. There hasnt been a 3 unit sold in our city for ye...
Jordan Nikerle
Looking to Invest in STR Near Pocono Summit, PA
Hey all! I am looking to get into STRs and would love to hear what all your experience's are like in the Pocono Summit area. According to Airdna it has strong numbers, but I am curious to learn what people with actual...
Mark S.
How Much Would You Pay for This Duplex?
Hey guys, What would your max offer be on the following property:Duplex (950 sq ft each) - 2BR / 1BA units. 30+ yrs old.MONTHLY INCOMERents: $500 x 2 = $1,000/month.MONTHLY EXPENSESVacancy loss (@ 8% or 1 month): $80...
Jeremy Santy
What do you think of this deal in Phoenix?
Hi BP members! What do you think of this multifamily property? Is it a good deal or just an average deal? http://www.loopnet.com/Listing/19434737/1812-N-35t...I'm new to multi family investing and want to avoid making...
Danny Day
Buying 2nd Rehab
My 1st rehab is complete and currently leased (cash flowing $650 per month, appraisal came in $12k over my estimated ARV, might sell next spring) and I am ready to start on deal #2.
BiggerPockets had a lot of great ...
Andy Sturm
HUDhomestore.com offers, Anyone do them Successfully?
I'm looking into a property that's on HUDhomestore.com. I am looking to purchase this home through my LLC to flip. I am also a licensed agent but I'm new and haven't had much experience writing offers yet. They say th...
Joseph Garner
Hypothetical numbers for a 12 Unit
Just testing my numbers and what an offer should look like. Any feedback/input is appreciated!! (Keep in mind this is just a made up deal)Asking price: $700,000 for 10 unitsArea has 9% cap rateMonthly rent is $675/mon...
Cristina Zulaica
Too much interest in rental... how to choose?
I've gone through the search to find similar discussion topics on this subject, but have read some conflicting points of view, so wanted to post my situation and get some feedback!I became an accidental landlord and r...
Jim D.
In search of yield in SLC
Is anyone here actively buying rentals to hold in the Salt Lake valley right now? I'm looking around and having a difficult time seeing anything that will cashflow at today's prices. Given the market fundamentals in t...
Wilson Hunter
Smokies TN spring bookings
For my Gatlinburg / Pigeon Forge cabin - January and February ultimately had similar numbers as last year, but at times it looked bleak. A lot of bookings were last minute (several same-day arrival). Now my spring is ...