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20 November 2018 | 9 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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14 June 2018 | 16 replies
I bought a flip with $30k potential profit and was too eager...I hired a contractor on a friend's referral but without doing my due diligence.
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13 June 2018 | 3 replies
A friend of mine and myself have been intrigued by Real Estate Investing for a while now but have really just started to buckle down and get serious about it.
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11 November 2019 | 2 replies
A good house hack. do you know any good investor friendly real estate agents?
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20 June 2018 | 8 replies
Is it a tenant friendly area ?
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20 June 2018 | 7 replies
I'm a real Estate Agent/Investor in Philadelphia, and have a ton of friends who always ask me about how they can get into investing, but never do anything.
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2 July 2018 | 6 replies
In order to help him, we have raised (along with some friends) between $175k and $200k to invest in real estate.
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22 June 2018 | 4 replies
You could also get a PO Box but you would still need friend or family to check it once in a while.
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1 February 2019 | 15 replies
@David Ribardo and @Joe C jump in with any edits/comments you might have Purchase Price $149,900 (50K a door rule looks good) Three units total gross/month 2239 (1% rule looks good) Fixed expenses: Taxes 2517, Trash 1125 (375/unit in Allentown unless private collection deal previously arranged) Insurance: 703 Common Electric: 519Water/Sewer: 802Allentown Fee: 225 (75/unit/year) Variable Expenses: Vacancy: 2239 (One months rent of each place, or 8.3%) Management: 1800 (50/door/month) CapEx/Maintenance: 3000 (1000/door) Total Operating Expenses: $12,930 Total Gross Income: $26,868Net Operating Income: Op Ex - Gross = $13,938 Divide your NOI by the cap rate your looking for and you have your offer price.
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14 June 2018 | 3 replies
Have a friend who lives near your old home drive over and see if it is vacant.