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31 May 2024 | 187 replies
Quote from @Jonathan R McLaughlin: A shout out to spouses who make this work!
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29 May 2024 | 6 replies
There’s a lot of misinformation out there that is presented as knowledge.One can do a reverse exchange where one buys the new property first and then sells the original property after - all via a 1031 process. https://www.investopedia.com/terms/r/reverse-exchange.aspReverse exchanges do exist and they are “legal”.
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29 May 2024 | 21 replies
R stands for rarity or how rare it is.
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5 June 2024 | 116 replies
We r half way there and just bought the land abutting the property.
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27 May 2024 | 3 replies
S - Specific M- Measurable A- Achievable R- Relevant T- Time-BoundKPI's to track were mentioned above under 'training and onboarding'Building a strong team culture:I've only been doing this for 5-6 years so I'm still working on it myself.
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25 May 2024 | 4 replies
@Andrea R. not logically following why a PMC would connect with you?
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26 May 2024 | 45 replies
Zoned R-3 but I can't get the city to call me back on the possibility of turning it into a 5 plex and / or STR... 3 Blocks from the beach near Daytona Lagoon.
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24 May 2024 | 5 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..
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22 May 2024 | 10 replies
.### Calculate Remaining Loan BalanceThe formula for the remaining balance \( B \) of a loan after \( n \) payments is given by:\[ B = P \left(1 + r\right)^n - \frac{X \left(\left(1 + r\right)^n - 1\right)}{r} \]where:- \( P \) is the principal loan amount ($215,000),- \( r \) is the monthly interest rate (6.75% per annum / 12 months = 0.5625% per month),- \( X \) is the monthly payment amount ($1,394.49),- \( n \) is the number of payments made (60).Let's calculate the remaining balance after 60 payments.