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Results (1,693)
Taz Patel My Tenants have complained of Mold and trying to sue me
25 January 2017 | 91 replies
Hi @Taz Patel,I know you have had some time to digest and have gotten lots of advice.
Moritz Bode Highest Value Increasing Repairs
2 March 2020 | 49 replies
This is why all appraisals are contingent on a marketing time frame for instance "$100k with an exposure time of 3 months".Hey Merritt, thanks for the detailed information that I'll need to digest.
Mindy Jensen Quick Survey: How Did You Discover BiggerPockets?
24 May 2018 | 279 replies
I've been ravenously digesting about every RE book I can get my hands on.
Carlos Ortiz Perez Recommendations to a Newbie
24 July 2023 | 13 replies
Broken down well and easily digested.  
Jason Holtzinger California Or Out of State????
2 September 2022 | 60 replies
wow, lots to digest here.
Caroline Gerardo Declining Home Prices In These Cities
15 January 2024 | 64 replies
This thread really needs your utilization and commentary James before someone saying no that's not my market because they unable to digest the data LOL 
Dianne S. New member from Northern Colorado
30 April 2016 | 36 replies
What's your sense as you've been digesting all the comments?
Tariq B. Moving Fast..
16 February 2016 | 2 replies
Not sure I know where I am going with this, guess I just wanted to vent, because I feel like I did something wrong by the process moving so fast, I didn't have enough time to digest everything, as far as my eyes could see it looks to be a good deal.
Herwin G. Buyers' agents giving commission rebates?
18 April 2018 | 43 replies
Stp, breath deep (twice) and think about it - (I suggest you glance at the sky while you digest this and breath deep)Example: an imaginary one, but will show the impact of commissions on bottom line. - a Flip.The Acquisition:Acquisition cost $100,000 (purchase price + closing costs)Rehab: $25,000ARV: $160,000 (assume this is the sale price)Assumed you get investor to finance you 75% of project: ($125,000 x .75) = 93,750Your equity (cash for "cash on cash" calculation): $31,250 (100000+25000-93750)Now the sale:Sale price = ARV $160,000Sale commission 6% ($9,600) - traditional listing agent.Other closing costs: ($2,500) (lets ignore the interest for this exercise)Profit: $54,150  (160000-9600-2500-93750) Cash on Cash 73% (54150-31250)/31250 ---- VERY SWEET INDEED.....BUT ASSUME YOU GO WITH A FLAT FEE LISTING SERVICE (FOR $99) AND OFFER 3.0% COMMISSION TO BUYER AGENTSale commission 3%+$99 ($4,899)Profit: $58,851 - (160000-4899-2500-93750)Cash on Cash 88% (58851-31250)/31250----- MUCH SWEETERYour see how a small % change in the commission has an exponential effect on your Cash on Cash due to this simple fact: Commission come directly out of your equity while commissions are calculated on the entire sale price, which a large portions is leveraged by the loan. - a change in less than 3% in the commission impact your Cash on Cash by 15% - WOW!
Account Closed We Are Only One Decision From a Totally Different Life
4 October 2016 | 69 replies
I've been mostly a silent spectator on the meetups digesting all the information.