Hi guys, I've found a 4/2 duplex with 1 car garage on both sides. An older gentleman is selling due to health. It's rented out for $1,000 on one side (recently renovated) and $750 on the other (not renovated). Hes asking 279k. I believe I could get it for $230k and rent both sides for $1,100 comf...
I spend a lot of my day talking with investors across Metro Atlanta, and one thing I’ve noticed is how much buy boxes vary across the market. Some investors are hunting flips, others are focused on rentals, and others are waiting for the right deal. I'm curious what everyone here is targeting hea...
We are purchasing a new primary residence in approximately 6 months. Should I sell or rent our current primary. Current home should rent for $2,500 per month. We owe $250k with a 3% mortgage and a HELOC for $150k at 10%. Home will sell around $425k. We currently earn $250k per year and have no ot...
I’m currently putting together a deal to buy an old industrial building and convert it to four loft apartments. It’s going to require some capital to make it happen, and the architect I found for the project collaborated with me on a budget of 1.1 million dollars in cap ex. I’m planning to move i...
I have the option to buy a commercial property currently as a seller finance transaction for 36 months. $200k purchase price, $1,650 monthly payment ($1,500 principle + $150 interest) with 10% down for 36 months. At the end of the 36 months I will owe the seller $126,000 lump sum to fulfill the a...
I am curious of the methods people use to finance properties purchased at auctions that would be a flip. With a 30 day deadline between when you would need to pay the full bid amount, I can imagine financing would be hard. Would a hard money lender fund this, are there banks that would be able to...
I’m trying to get better at analyzing rental deals and I’ve noticed that the obvious expenses like mortgage, taxes, and insurance are usually easy to account for. I’m more curious about the less obvious costs, such as maintenance, vacancy, turnover, property management, or unexpected repairs. Whi...
Here's something strange about negotiating a property price: almost nobody starts by saying what they're actually willing to do. Seller wants $500,000. I might be willing to pay $470,000. So do I offer $470,000? Of course not. Maybe I offer $440,000 because I expect him to come down and he expect...
What's the best way to connect with realtors, investors and buyers in my area as a property inspector? I've been upticking my marketing in the last few weeeks by going to open houses and connecting with those agents, passing out business cards, and leaving snacks at the open houses with a brochur...
I know maintenance costs can vary significantly depending on the property’s age, condition, and type. I’m interested in hearing how other investors estimate this expense before buying. Do you use a percentage of rent, a fixed amount per unit, or another method?
I ranked all 16 St. Paul neighborhoods by duplex appreciation over 11 years. The ranking is almost exactly inverse to price. Method below, then the numbers, then where I think it breaks. Tell me what I got wrong. THE DATA 4,064 closed 2-4 unit sales in Saint Paul, December 2012 through September ...
I’m interested in investing in a turnkey property. What are some great markets that would be a great place to invest? any great companies that would provide the property and property management? anyone have experience with turnkeyinvest.com?
I’ve been thinking about how investors handle deals that are not necessarily bad, but have very little room for error. For example, imagine a rental property where: The purchase price looks reasonable Market rent appears strong The property has positive projected cash flow But taxes, insurance, m...
I've came across a couple investors willing to invest into an pre cash flowing convenience store and or smoke shop location but the problem I'm having is in the contracts there putting clauses to where I lose everything even if the business is already empty when I buy it. Who and where do I go to...
We are closing on an investment property soon and having difficulty finding a company that will provide us homeowners insurance. The properties roofs are from 1989 and it’s two separate homes on one lot. Most companies are denying coverage for those reasons. Any suggestions for help?
I'm curious how other investors calculate cash-on-cash return when screening rental properties. I usually look at the purchase price, down payment, financing, annual rental income, and operating expenses before estimating the annual cash flow. For example, if a property requires $60,000 of cash i...
HI All, My name is Michelle and I have a couple LTR in South Florida. As many of you know this market is getting more and more experience. What are some creative ways to invest in a market that is "expensive"?
Given the interest rate hikes, in my area, new england (MA, RI, CT, NH), I am seeing 7% interest, 25 to 30 year ARMs, 75% LTV for down payment/construction funds. This is financing from my local credit unions / banks at 5, 7, or 10 year ARM. At the beginning of the year, I was seeing around 6% in...
Hey everyone, first post here! I'm based in Austin, TX and just starting to look at out-of-state buy-and-hold rentals — single family and small multifamily, budget around $100-150K per property. Plan is to self-manage my first couple of properties before bringing in a PM once I scale up. Toledo k...
I have about 80k in equity in a condo and wondered if it is enough to get started on a flip. I would need to sell my current home and rent for the time being but I would have 70k cash.
Hello BiggerPockets Community! My name is Joan Cuevas, representing Inmobiliaria Ramaldi in the Dominican Republic. We focus on connecting international buyers and investors with high-value real estate assets across the country’s most sought-after coastal and urban markets: Puerto Plata, Sosúa...
Here's the breakdown behind that number. Our brokerage did 65–70% multifamily transactions last year. We were the #1 brokerage for multifamily transaction volume in Massachusetts, and we landed in the top 5 across New England for multifamily investment sales. Here's the mix underneath that: rough...
Hi! I just listened to the podcast with Brian Waters. Does anyone know what company he used to do the done for you BRRRR Key method? I'm looking to get into real estate and think this could be a quick way to do it. Thanks!
Hello BP My wife and I are taking the steps to getting into the game. I would like to hear from all pros any and all advice. Our plans is to get into the multi family. We have pulled the equity from our home started the LLC.
I'm a mortgage broker in Utah and I do a lot of DSCR. Figured I'd write up the things I watch blow up files, since most of them are avoidable if you know about them going in. Rent documentation mismatches. Lenders pull rent two ways: the appraiser's 1007 market rent schedule, and your actual leas...