Hey BP Community!I've been fortunate enough to secure a 4-plex in the Midwest from an investor that has excellent figures; cashflow is 12%+ as is. All units (2/1 and 1/1s) are on are on the main level and everything i...
Through inheritance, we have received two vacant lots in Huntington Beach, California. The two lots are adjacent to each other. Each lot is about 7,400 sq ft and were each appraised for just under $800K. Nearby homes ...
I am excited today to submit an offer on a Fannie Mae property. Its an attached twin sfh 3 bed 2.5 bath approx. 1450 sq feet. Approx 22 years old. List price was $99k, I offered $73k all cash , settle in 21 days, and ...
Hi BiggerPockets Family!I have been sending direct mail all at once at the beginning of the month. What i am noticing is that calls will come in for the first two weeks, leaving the next two weeks without any sometime...
Hi bp, my whole strategy for my real estate investment portfolio was to gobble up as many homes as i could in the next 2 years. These homes would be free and clear ( i already have 8 free and clear now) and producing...
I'm trying to gauge interest in a crowdfunded flip program. One of the biggest barriers for most starting investors is the initial cash deposits needed. This program would require your time and votes. It is not a R...
I am preparing a rent increase letter, and figured that I will increase by 3% (currently $1500/mo).
I know large complexes (especially those run by REITs) usually increase by a round number of $100 on a $1500-1600/mo ...
Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...
Can someone help me understand how the annual total return is calculated on the BP Rental Property Calculator? It seems like something was changed in the calculator in the past couple of months because I used to be ...
Would Class C tenants prefer their own washer dryer hookups or coin operated machines?I am re-doing the electrics for a run down 6 unit building. It currently has individual w/d hookups but they need upgrading. It wou...