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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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6 January 2025 | 8 replies
Brand new investor - I wouldn't because of so many unknowns and lack of experience2.
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9 January 2025 | 14 replies
A lot of that is brand new.
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4 February 2025 | 17 replies
And for two valid reasons: they don't know if Don is a trustworthy borrower (which he is not), and they could get a lot better profit (for the bank) from a brand new loan.
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7 January 2025 | 12 replies
Hey @Augusta Owens Bigger Pockets has been so valuable to me in my own journey, so you are in the right place.Ive been hosting an investor meetup the past 3 years and it's been a great place to collaborate with the like minded individuals and collaborate. 15-25 people show up each month and range from new investors to people,e who have been investing for decades.would love to connect and get you some more information!
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6 January 2025 | 15 replies
Being specific about geography, price points, willingness to take as is properties, speed of decision making and closing, whether you are a cash buyer or not, property specs....that will go a long way in your brand as a good match for an agent.
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30 January 2025 | 19 replies
Since them, several other national flat fee brands have set up shop in Metro Detroit.
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27 December 2024 | 13 replies
Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.
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4 February 2025 | 26 replies
I wanted to get in on the ground level with the hopes of growing with their brand new education company but quickly saw how they operate and realized that’s not what I wanted.
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21 January 2025 | 35 replies
You should contact a company in your area to convert the coin-op laundry to e-payments (Venmo, Paypal, Credit Card, Debit Card, etc.) to eliminate that fee.