24 September 2021 | 19 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
21 September 2020 | 12 replies
If its a home run, then you should probably buy it and remove the tenants.However you could use this as a negotiating tool or put it back on the sellers to remove before you purchase.
22 September 2020 | 10 replies
One of the tools they use to determine STR revenue forecast is AirDNA revenue forecast calculator.
21 September 2020 | 1 reply
The first two are very much a day job, whereas buy and hold is a mostly passive investment.When you do BRRRR, you're essentially doing fix and flip, you just keep it instead of selling it.Another question for you is "how involved do you want to be on a day to day basis?
21 September 2020 | 5 replies
.- would you enter this into the BP rental property tool for the $200k with all of it being financed?
22 September 2020 | 3 replies
--essentially using the new mortgage to pay off the partner's short-term loan.Thank you for your responses!
24 September 2020 | 88 replies
I read these books within about 2 years and it exponentially changed my growth.Rich Dad Poor Dad, Millionaire Real Estate Investor, Multi- Family Millions (Dave Lindahl), ABC’s of Real Estate Investing, The Book on Rental Property Investing, Hold, The Advanced Guide to Real Estate Investing, The Due Diligence Handbook for Commercial Real Estate, Millionaire Real Estate Agent, The Book on Managing Rental Properties (Brandon Turner), The Emyth RevistitedCrushing It in Apartments and Commercial Real Estate, Emerging Real Estate Markets ,The ABC’s of Property Management, Wheelbarrow Profits, The One Thing, Outliers, Start with Why, David and Goliath, Chasing Excellence, Extreme Ownership, The Compound Effect, The Entrepreneur Roller Coaster, Be Obsessed or Be Average, The 10x Rule, The Obstacle is the Way, Ego is the Enemy, Am I Being Too Subtle, 48 Laws of Power, Atlas Shrugged, Man’s Search For Meaning, Sapiens, Tools of Titans, Four Hour Work Week.
23 September 2020 | 6 replies
Smart brokers will let their agents keep 100% commission on personal transactions because it is a good retention tool which is a win win.
25 September 2020 | 2 replies
I tried using the search tool but haven't had any luck so I'm making this post instead.I have the money saved up to buy my next small multifamily property and need an agent to help me find it.
23 September 2020 | 2 replies
I'm trying to think creatively here and wondering if I can create an LLC and essentially buy my own property for 296k.