Hi BPers, I m just wondering if any of you who lives in big cities and rent your rooms (through airbnb, craigslist, etc) are able to utilize the rent money as loan qualification.I live in a part of the city, where it...
I've checked the MLS, Zillow, Trulia, Redfin and I can't find any accurate comp data. Is this just an awful neighborhood? The house is a multi family so I'm not sure if I can use the average Price/Sqft method. Someone...
Hi all, for some reason cap rates confuse me. I was recently told, the lower the cap rate, the higher the property value. For some reason, I always thought the higher the cap rate, the more valuable a property should ...
Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...
Hi everyone. My name is Chris and I currently live in Manhattan. The market here is ridiculous at the moment, so I am exploring a few options, including house hacking in either Westchester or Nassau County and/or look...
Hello Bigger Pocket members!
It has been a while since my last post on Chicago Cap Rates.
I figured it was about time for some updated numbers.
This post will look at Cap Rates for small multifamily properties.
...
Hey BP community. I just put a RV park under contract and was looking for referrals on lenders that work with that asset class. Thank you in advance
With a site-built home I can ask a realtor for comps to determine a possible sales price.how do I determine a sales price with a MH? What I’ve gathered:If it’s owner finance you can just basically pick whatever number...
Hello BP,Hoping that someone on BP can give me some insight. I need to start shopping local banks/credit unions to secure financing for my (hopefully near future) rental property purchases. As part of the proposal, ...
Hey all! With this quarantine I've had a bit more free time on my hands and I've found myself reading more and more about smaller apartment buildings and wanted to reach out to see if anyone had some insights and tips...