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Results (10,000+)
Steven Natera Allentown for first time investor
1 February 2019 | 15 replies
@David Ribardo and @Joe C jump in with any edits/comments you might have Purchase Price $149,900 (50K a door rule looks good) Three units total gross/month 2239 (1% rule looks good) Fixed expenses: Taxes 2517, Trash 1125 (375/unit in Allentown unless private collection deal previously arranged) Insurance: 703 Common Electric: 519Water/Sewer: 802Allentown Fee: 225 (75/unit/year) Variable Expenses:  Vacancy: 2239 (One months rent of each place, or 8.3%) Management: 1800 (50/door/month) CapEx/Maintenance: 3000 (1000/door) Total Operating Expenses: $12,930 Total Gross Income: $26,868Net Operating Income: Op Ex - Gross = $13,938 Divide your NOI by the cap rate your looking for and you have your offer price.
Henry Uili Quick question about taking over a mortgage from a family member
14 June 2018 | 3 replies
Is she willing to either (A) kick them out and ruin the relationship or (B) have a hard conversation with them?
Joshua Lyon $25,000 EMD lost in Wire Fraud
14 June 2018 | 5 replies
Document all conversations you've had with all involved parties immediately.3. 
Joelle Raymond St Louis Fiancial advice
27 June 2018 | 5 replies
-Should I just focus on getting a private lender to help financing instead? 
Bhaskar Pandey Cash-Out Refinance on Rental Property in San Antonio Texas?
4 July 2018 | 3 replies
I'll Private Message you as well. 
Jake Harmon Real Estate virgin! Looking to learn from others
20 June 2018 | 8 replies
Conversation about up and coming areas near the city are not hard to find.
Chelsea Wessman Rochester Area Meet Up?
21 June 2018 | 2 replies
I learn best by discussion and conversation and would like to meet investors in my area and market.
Jared Aquino Newbie from Sunny Southern California
9 July 2018 | 19 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
Andrew Merritt Starting an LLC with Partner and Investors
15 June 2018 | 2 replies
Hi @Andrew Merritt,You have a few options.First, you can try to bring in your brother-in-law's parents as private money lenders. 
Paul Miller St Louis metro area investor looking to connect with wholesalers
14 June 2018 | 0 replies
Currently only buying of MLS.Also interested in private funding...