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Results (10,000+)
Gregory Schwartz Help a newbie make his first offer
16 February 2017 | 18 replies
I appreciate the feedback from everyone, Im working the quit claim deed option now.I hadnt planned on using this as a forum to analyze the deal but since it appears to be the topic of conversation I will share what numbers I used to analyze this property.Purchase 80k with commercial loan 25% down, 20yr, 5% apr (P&I : $395)Per month cost:  tax - $80, Ins - $80, vacancy $70 (8%), maint $45 (5%), PM $90Notice no CapEx because I plan on keeping $5,000 in the LLC's checking per house to cover this.Rent $900 based on Zillow, Craigslist and the Basic Housing Allowance for a E-5 (target renter)FMV: Conservative $110k (recently sold houses on zillow average 120k)Cash out of pocket ~25k, Cash flow per month $140 ($1680)   =>  6.7% return on investment, not the best but better than what my Etrade is doing right now.IF I refinance 80k, P&I - $528, I will be able to pull nearly all my money out of the deal but kill my cash flow.  
Brandon Diaz Just my 2 cents on the market
16 February 2017 | 1 reply
Deals are people.Marketing and advertise to be able to have conversations with people and offer a solution to their problem (Communication).
Sara Abernethy Macroeconomic reasons to invest in real estate (versus stocks)
23 February 2017 | 19 replies
Now if you are value adding actively, adding rooms, modernizing and flipping, condo conversions, redev etc...that is another ball game and again hard to compare to stocks. 
Andre Vitalis Noobie investor from Raleigh, NC
24 February 2017 | 10 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.
Bryce Watson Newbie from Boston STR
17 February 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/alertsCheck 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.
Eddie Starr Study exercise and learning for Notes​
20 February 2017 | 8 replies
I have had a conversation with Mr.
Hong Ahn New Investor from Los Angeles
23 February 2017 | 22 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.
Dave Carpenter Real estate wealth expo - Chicago with Tony Robbins
8 August 2017 | 42 replies
@Florence Lee @Larry Smet @Annabelle Lee If I read this conversation a day earlier, it would have been good to connect.
Doug Mielak New to BP. From Akron, Ohio
22 February 2017 | 7 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.
Jalan Johnson Buying single family home from family friend for first deal
20 February 2017 | 1 reply
I would generally suggest that your DB or office manager may not be the right person for this conversation