Mike Nelson
Owning Owner finance properties as rentals???
30 October 2011 | 25 replies
You could work with a prop that is a little over-financed and has a sweet PITI.
Micki M.
Lessons learned from a JV flip gone wrong
13 May 2016 | 19 replies
I was set to make a sweet 30% return on my cash.
Account Closed
BP for 2015 flips or passive cash?
17 October 2016 | 39 replies
In my city, prices are up, so the buy and holds are not 'quite' as sweet as 18 months ago.
Scott Trench
What was your "AHA!" Moment with BiggerPockets?
7 June 2015 | 59 replies
Sweet, I can't wait till I get my first one.
Stephan Haas
what was your cheapest property?
24 June 2015 | 44 replies
Yes, that's a picture in front of the Billops house.My sweet, OCD, super clean, super polite, formerly incarcerated tenant had a melt down & kidnapped his girlfriend, making her drive the parish school bus to the Billops house.
Ethan G.
$20 Oil and non-Houston Markets
8 March 2016 | 67 replies
That is the sweet spot where gas prices per gallon are still seen as favorable but oil companies can make a good profit and keep workers employed.Where I am in GA we are not feeling the effects of more oil at all.
Micki M.
You know you're a Female Investor when...
9 June 2016 | 22 replies
I see three different options:- Some women use their charm to "sweet talk" men.
Nate Wightman
New construction costs per sq. ft small multifamily
9 August 2018 | 79 replies
Getting cash flow and taxable losses at the same time is SWEET!
Herwin G.
Buyers' agents giving commission rebates?
18 April 2018 | 43 replies
. - a Flip.The Acquisition:Acquisition cost $100,000 (purchase price + closing costs)Rehab: $25,000ARV: $160,000 (assume this is the sale price)Assumed you get investor to finance you 75% of project: ($125,000 x .75) = 93,750Your equity (cash for "cash on cash" calculation): $31,250 (100000+25000-93750)Now the sale:Sale price = ARV $160,000Sale commission 6% ($9,600) - traditional listing agent.Other closing costs: ($2,500) (lets ignore the interest for this exercise)Profit: $54,150 (160000-9600-2500-93750) Cash on Cash 73% (54150-31250)/31250 ---- VERY SWEET INDEED.....BUT ASSUME YOU GO WITH A FLAT FEE LISTING SERVICE (FOR $99) AND OFFER 3.0% COMMISSION TO BUYER AGENTSale commission 3%+$99 ($4,899)Profit: $58,851 - (160000-4899-2500-93750)Cash on Cash 88% (58851-31250)/31250----- MUCH SWEETERYour see how a small % change in the commission has an exponential effect on your Cash on Cash due to this simple fact: Commission come directly out of your equity while commissions are calculated on the entire sale price, which a large portions is leveraged by the loan. - a change in less than 3% in the commission impact your Cash on Cash by 15% - WOW!
Anson Young
NEW Denver 2013 Meetup Schedule!
6 January 2014 | 50 replies
Galvanize is a sweet spot, but if you do ever want to mix things up I have a great deck for summer and my office can hold a decent sized group as well.