11 June 2019 | 17 replies
"Speaking for a friend" I know this to be true.
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17 October 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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1 October 2018 | 3 replies
(I get it - I've done this multiple times myself, but you need a friend in the business to write up the bid because they are doing you a favor with no return)If you're able to keep these things in mind when talking to one, you might be able to mitigate some of these obstacles and actually get one out there.
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27 September 2018 | 8 replies
After negotiations, the seller just submitted his final over.Heres the deal:$154,900 purchase price and seller agreed to cover all closing costs.Monthly expensesMortgage: $840Taxes: $50Insurance: $225Flood insurance: $60Vacancy of 5%: $107Cap Ex: $172Total monthly expenses: $1454All 4 units generate $21503 units rented out with me in the 4th generate $16251st year cashflow: $171/monthAfter I move out and can rent out the 4th unit cashflow: $696/monthWhat do you guys think?
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31 October 2018 | 26 replies
I also do my payment "schedule" not based time, but based on completion benchmarks. ex: Here is 'week one' work.
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27 September 2018 | 2 replies
Hey all,Does anyone know an investor friendly hvac guy to install a complete system in a house I am flipping in the Bagley area of Detroit.
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27 September 2018 | 4 replies
This is why it is advisable to have the replacement property under contract ASAP, preferably even before you close on the sale of the original property.....time is not your friend.
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12 October 2018 | 15 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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27 September 2018 | 4 replies
A friend of mine was just referred a prospective tenant by one of their tenants.
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24 October 2021 | 3 replies
Me and 2 of my friends started a LLC through Incfile in Florida.