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Results (10,000+)
Greg P. How do you maximize your cash buying Rentals and not getting stuck?
18 September 2011 | 6 replies
You can take an apartment building with problems say 40% occupancy and deferred maintenance and bad tenant mix and management problems and use commercial hard money.You will have to figure in the high debt service while turning around.Once stabilized you will refinance out at the new value up to a certain LTV.Take the money and do it again.The larger the project the more the potential ARV spread after stabilized but the more risk.The larger projects take more time to turn around so the churn rate on the money is slower.What happens and I have seen this is people run out of money and the property is taking longer to stabilize than thought.Then you have some money left but not enough to take down a property yourself until you unload this other deal you bought or refi.You then start partnering with different people on different projects which can lead to a mess.You don't just want to grow out of impatience or doing more deals and then get involved with the wrong people or overt extend yourself.You want smart,well thought out,controlled portfolio growth that is highly calculated.
Aaron Mazzrillo Armando Montelango using fake testimonials to dupe people
20 September 2011 | 18 replies
Montelongos "Flip and Grow Rich" manuals, needless to say more information was needed to acquire properties with his strageties, no follow up from his staff for additional assisstance.
Greg P. How realistic is it to make $1mil cashflow per year by renting SFH's?
21 September 2011 | 56 replies
Investors who want to grow that big are in Multi family business.
Mack Roberts Las Vegas Real Estate Networking
19 September 2012 | 12 replies
Currently investing and growing my portfolio of NPN's.
Russell Crooks Self directed 401K vs. SD IRA-thoughts?
2 October 2011 | 1 reply
Your IRA will actually own the property, so if you have a Roth IRA, you can grow it tax free and grow it for your retirement.
Joshua Dorkin BP Update 6.4: Introducing BiggerPockets PRO Basic, Better Networking, and Much More
7 October 2011 | 2 replies
And thanks for constantly looking at new ways to help us connect and grow our businesses!
Anthony Henderson Essential for a successful Property Management Company
24 May 2012 | 13 replies
If starting one, then think about after-hours service calls (how to handle), what size properties to take on, think of things that you can grow into as the business becomes more successful.
Ozzy B. Investment Ideas, deed Investing, HML, MFR
11 October 2011 | 10 replies
If this money is invested elsewhere it can grow much faster than 0.85%.
Asher Anthes Does a new mortgage lower your score?
11 October 2011 | 4 replies
It can actually grow to a higher number.
Chuck B. Dear landlord pros... please evaluate my plan so far.
22 March 2012 | 22 replies
Unless it's a corporate tenant with a long term proven track record that would mean nothing to me as an investor.The reason is businesses fail everyday.Even if the business has thrived for the last few years they might have been only going out of the home or a small space.Now they are going bigger in space and they may or may not grow as expected and the rent might take them down.They could be down sizing in space and carrying a ton of debt and fixing to go under.So as an investor the track record and seasoning and performance of the lease is critical when doing an income approach.You also have to analyze if rents are dropping in the area.Even if the tenant has been there awhile they might be jumping ship for a lower rate elsewhere and the lease is coming up soon.I think FSBO really isn't going to get you a higher price.The agent bringing a buyer will now have to do 2 jobs with the buyer and the seller for one fee.Also the buyer will see you are saving on the listing commission compared to other properties listed for sale and will reduce the offer to you.It's a classic mistake of the seller thinking they are saving the listing commission and the buyer reducing in the offer.