Raechel Clevenger
CEO/Professional Dog Trainer looking to start real estate investing
19 June 2024 | 11 replies
Then what timeframe is the most vital to you, short term/mid term/long term?
Chase Wright
New and looking to learn
20 June 2024 | 18 replies
BP has been vital in making connections to learn not only with national people but with local investors in my area as well (no specific meetups though).
Tom Dieringer
Using HELOC for next investment - what am I missing?
19 June 2024 | 7 replies
If the deal doesn't pencil like this, then you're taking on a heavy layer of additional risk by using the heloc for permanent financing - you basically don't have an exit.
Jim K.
For newbies and the BIG MEANIE INVESTORS in the BiggerPockets forums
20 June 2024 | 69 replies
because each time hit with realization of the BS, the whole game is rigged that it's not BS, it's just you havn't gotten to that other thing, that next level, that other access, and it keeps ya going layer after layer after fee after membership.
Account Closed
underwriting mixed use
19 June 2024 | 4 replies
You posted the raw data, just go one layer deeper to get to % returns to confirm your purchase price in relation to your expected return/profit/cashflow:$5,500 + $3,000 = $8,500/mo or $102k/yr GOI (gross annual rent collected)Knock off 25% for expenses and you are at $71k/yr or $5.9k/mo NOI on this $1.05M investment or holding this at a 6.8% cap rateWith your 7%, 75% LTV loan, you'd be paying $5k/mo for the loan, leaving you with $900/mo or $10.8k/yr in Cashflow.Now to determine your CoC return (Cash-on-Cash), take the $10.8k in CF and divide it by your equity-in, likely ~$300k, so 3.6% return on your cash/equity in this deal.
Matthew C Dominy
Process Of Starting A Real Estate Fund?
20 June 2024 | 13 replies
.: Ensuring compliance with tax regulations in both countries is vital.
Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
20 June 2024 | 26 replies
Maximum cash flow is absolutely vital.
Cory J Thornton
Is the need for affordable housing creating new markets?
18 June 2024 | 83 replies
Now I'm starting to see people push much further out to 3-4 layers away from primary job markets completely sacrificing location for cost of ownership or cost of living.
Diana Tran
For those who invest remotely and scaled their business, how do you do it?
17 June 2024 | 26 replies
I guess this would another layer of protection before committing to a contract that will cost more money.
Abby S.
Chicago basement ceiling height: 7'6" or 7'?
15 June 2024 | 8 replies
Utility/Laundry rooms) shall have 1 layer of 5/8” Type-X drywall on both sides of the surrounding walls, and 1 layer of 5/8” Type-X drywall at the ceiling.