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9 February 2017 | 15 replies
You are advocating the volume sales approach, like McD's, sell a million at $1.00 profit and just smile.The problem is, the work effort to support low profits is the same as that required for high profits.
5 February 2017 | 5 replies
Bigger Pockets is great for surrounding yourself with like minded people and building a community of peer support.
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22 February 2018 | 19 replies
At that point you will receive many things you are not getting right now such as training, support, networking and the ability to earn money in many more ways.Many folks believe that you can be an "investor" or a "real estate agent" not both.
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7 February 2017 | 18 replies
Just make sure you stick to those same requirements from now on, unless you have a well-reasoned and supportable justification for changing them.
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6 February 2017 | 9 replies
You will also need a lender commitment letter for the balance, unless the bank/investment account can support the entire purchase price.
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8 February 2017 | 16 replies
Nonetheless, the buyer did pay a price that would likely be unprofitable if they sold today for 120k repaired.On Emmons, I think the buyer got a descent deal, and I would have purchased it around that price range.I think the buyer based their purchase price on an ARV of around $135kThere are a couple of comps that support that price, including 1713 Arther, 3201 Tonopah, and 2617 Reynolds.In addition, that neighborhood has an absorption rate of about 40 days for properties that size.
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5 February 2017 | 1 reply
My question is which is the best school that I can actually learn from to get my license, and support my investing career for the rest of my life.At the moment, I work full time 8 to 5.
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13 February 2017 | 19 replies
Its much better to buy a good property that has historical numbers supporting it.
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9 February 2017 | 29 replies
Here are some articles supporting my attestation in favor of jr lien position non-performing notes (2NPN).