
18 March 2024 | 6 replies
I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense. that's just a bunch of bull from agents and gurus trying to keep their game going... of course price should drop 50%... say today the commeercial loans are at 7%, and cap should be 2% higher to make the risk worth while, so call it a 9% cap.patience... this bs market needs cleansing... and when the time comes, it will be easy picking.no need to play the hard game... my friend

18 March 2024 | 10 replies
Some call it the nanosecond rule because you only have to wait a nanosecond to cash-out refi on the replacement property after closing on it.
17 March 2024 | 3 replies
He’s an alcoholic and does not work.The police do nothing and show up hours after the call.

18 March 2024 | 18 replies
If I can get them interested, they may understand what I am trying to do and may be more open to absorbing the lessons learned that I know are coming.Finally, any success with the RichDadPoorDad game called 'Ratrace'?

17 March 2024 | 7 replies
Feel free to DM me directly on BiggerPockets or even reach out at the number in the signature below - I respond to all texts & calls.

14 March 2024 | 4 replies
Hi all, I am curious who here has an internal property manager (meaning someone on YOUR payroll who works for you and only you).

17 March 2024 | 5 replies
Feel free to send me a DM or give me a call

15 March 2024 | 0 replies
This school is known for its challenging dual language immersion, advanced International Baccalaureate curriculum, and creative and culturally informed programs.

18 March 2024 | 0 replies
We have this thing called the 30-yr fixed mortgage, primarily because of the structure of the mortgage market with government backed mortgage securities.