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6 November 2017 | 10 replies
I have a new PM company that deposits rent the following month.
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5 November 2017 | 1 reply
Follow-up is very important.
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5 November 2017 | 4 replies
Yes @Jerryll Noorden, I will definitely follow your seasoned advice moving forward.
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7 November 2017 | 12 replies
First batch with postcards using first-class, then follow-up with yellow-letters using standard mail.
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8 November 2017 | 14 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.
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6 November 2017 | 0 replies
I have a few people I could possibly reach out to for this.At the end of the day, once the property is sold for $140,000, the following will need to be paid off:SATISFY THE MORTGAGE LOAN: -$60kME: -$10k - down payment -$2.5k - holding cost -$5-7k - hard money loan interestPARTNER: -$5k - down paymentPRIVATE LENDER: -$25k - loanTOTAL EXPENSES: $109,500This would leave us with a profit of over $30k to split between the 2 of us.. and this is estimating expenses and holding cost etc... on a very conservative level.Really just putting this out there to see if there are any obvious things that i have over looked and also to gain opinions on the deal from those of you with some experience!
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8 November 2017 | 6 replies
Cash flow followed by value add.SFHs value is driven by home buyers so I avoid them entirely.
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8 November 2017 | 16 replies
But my opinion is based upon my own experience.In my mid forties, I decided to get into REI and I followed the DIY path.
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23 November 2017 | 29 replies
When I ask lender for big number loan they will call me and follow up with me.
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6 November 2017 | 5 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.