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21 March 2024 | 34 replies
It may make sense to "overpay" for a property that won't cash flow initially if you know that the value of that property will skyrocket in a couple years (say, because Amazon is building its new headquarters a bus stop away, or you're a geologist who knows there's probably oil under that grass).
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17 March 2024 | 2 replies
If there are additional expenses they need to be taken into consideration such as if you are paying for water/sewer, gas or oil, trash, plowing or lawn care, HOA fees if there are any, CapEx, maintenance, vacancy, mortgage, taxes.
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16 March 2024 | 8 replies
I work as an electrician in the oil field right now.
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16 March 2024 | 15 replies
Here is the answer to your question: https://www.biggerpockets.com/forums/51/topics/998718-explai...Short version: CPA service is not a commodity like an oil change, and even oil change can be messed up or damage your car.
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15 March 2024 | 7 replies
@Jinesh Patel - whatever you do, don't go with one of the national snake oil salesmen....I mean "gurus".
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13 March 2024 | 3 replies
Miner v.
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14 March 2024 | 2 replies
I have one oil company that’s charging $4.24/gallon of oil right now and my commercial oil rate is $3.16 right now in other towns which when you fill up a tank is the difference of about $150 per fill up.
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16 March 2024 | 58 replies
In addition to numerous tradition RE related investments (most individually owned but some as LP), here are our unusual investments (both are RE related, but not what is common on this site)- I have mentioned this one a few times on BP, when fracking was just starting to be known to the general public (near turn of century), we purchased mineral rights in North Dakota.
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14 March 2024 | 2 replies
I’ve also been reinvesting capital to help reduce my overall expenses by replacing existing oil furnaces in 3 buildings where I pay for the oil to individual propane heaters that the tenants will pay for their own heat going forward with.
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15 March 2024 | 31 replies
Others got sold snake oil by a good marketer.