Wendell De Guzman
I Am Thankful for Biggerpockets Because...
5 June 2015 | 83 replies
The time I've had the privilege to spend with you and your families has been amazing.
Yazeed A.
Scale of First Multi-family Investment: Go big or go home?
30 August 2015 | 8 replies
Furthermore, I was thinking I could even pay off a nice chunk of the mortgage by using my own income from my 9-5 and beat the interest from a loan before it compounds.
Scott Trench
Should We Make Our Kids Take Finance/Business Classes?
5 May 2015 | 68 replies
The class could focus on the facts and teach things like how different financial concepts work such as APR, Compound Interest, Mortgages, Credit Scores, Stocks, Bonds, IRAs.I don't have any kids of my own, but are there any resources out there already geared towards teaching kids concepts like these?
Charles Montgomery
Forbearance, Forbearance, FORBEARANCE!!!!! This is a MUST-READ
5 February 2021 | 40 replies
I will discuss loan repayment options in a separate post but this is a simplified answer.This avoids the "compounding" of interest since the bank is legally only allowed to charge you in interest what you normally would have paid without forbearance.
Account Closed
Why Smart Money is Investing in “Cities of Aspiration”
9 October 2014 | 8 replies
The United property even has some desired facilities already built in — a swimming pool and four tennis courts.But these compounds by and large must look to the private market for a new reason to exist.Daniel Miranda, president of HSA Commercial Real Estate, said possibilities include turning some campuses into retail centers, perhaps outlet malls, or converting them for medical or educational uses.
Will LHeureux
Good Tenant for the past year. Would you raise rent?
3 February 2022 | 67 replies
If I wait 5 years on average to raise my rent I'd lose approximately a quarter million dollars over that 5 year period, ignoring any compounding effect. 140 doors x $33 increase x12 months x 5 years = 277,200.00.I am not in this business to give up $55k a year so my average tenant can save 33 bucks a month.
Javier Bustos
Property management companies. Pros and Cons
23 November 2016 | 18 replies
I rarely do that- so I hope you feel privileged :-)
N/A N/A
Real Estate Agents
20 March 2006 | 18 replies
Here is what I do in order to protect myself: If I'm putting together a deal that has a greater-than-normal risk, i.e. is particularly profitable for me, then I stipulate that the other party must engage the services of a credible real estate attorney and make them seek one out themselves (don't recommend one or you'll probably compound your troubles).
Laila M.
first sale on lease option - terms?
22 May 2015 | 3 replies
Just do a separate exclusive option to purchase and charge Option Consideration for the privilege.
Ryan Kenneth
What counts as Cap Ex?
3 February 2022 | 2 replies
However, you could also have a policy that says that you'll expense items under a certain dollar threshold so that you are not capitalizing lots of little things that then need to be separately tracked and depreciated because it's not simple and obviously compounds over time.