
26 November 2024 | 127 replies
Aiming to wet my feet by spring of 2021.

22 November 2024 | 1 reply
So you may need to supplement more outside money to the purchase.You can always choose to add cash so you end up owning your replacement property with no debt.

21 November 2024 | 4 replies
While these courses provide a solid foundation, a BiggerPockets Pro Membership can supplement your learning with resources focused on creative financing.

11 December 2024 | 101 replies
Just to support a previous comment, please run your own numbers for your ROI, CoC, or whatever other metric you are aiming for.specially if they tell you they will guarantee any specific return (read the fine print, this wont happen if they have no money to pay you).

22 November 2024 | 13 replies
We ask for a review with the context that we aim for 5-stars which also helps.

2 December 2024 | 33 replies
I personally think a 8% to 10% cash on cash return is hard to achieve right now.It is easier if you are talking about overall return(Cash on cash plus appreciation).I normally aim for 4% cash on cash and 4% appreciation annually.Furthermore, using financing makes it harder to achieve higher cash on cash returns because in most markets, the interest rate is higher than the rate of return.Best of luck
22 November 2024 | 4 replies
Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

22 November 2024 | 24 replies
Generally, the plumbing contractor can supplement with their own plumbing plans that have nothing to do with the architectural drawing.

22 November 2024 | 6 replies
So I would like to get some help from people who are actually investing.I am aiming for a single family home or multi family home and I am constantly looking at properties around Austin TX.I am looking north of Austin to Dallas and south of Austin to San Antonio.However, Austin is not easy to find an investment property that generates cash flow considering the cost of rehab.Can you give me some advice on my first investment?