Nazimcan S.
What is Coliving? Why should you care? What are the benefits?
22 March 2022 | 8 replies
Based on that core product, Coliving companies offer other integrated services which are complimentary.
Bobby Holley
How to Buy a Friend's Home
21 December 2015 | 15 replies
If after you figure out your numbers, you feel compelled to be "nice" to your friend, well, I can't blame you.BTW, why wouldn't your friend have a problem selling at a "friendly" price?
Bukka Levy
Turn Key. Why all the hate?
24 May 2019 | 116 replies
BP can fall into the "echo chamber trap" where the same core ideas get repeated so much, that everyone just echos it back.All the properties I buy are pretty much rent ready.
Mindy Jensen
How hot is downtown Seattle? Is it expected to continue?
15 November 2020 | 14 replies
Our team regularly checks in on the "temp" of properties in the core.
Jewel B.
Rental Property Investing in North Carolina
27 November 2022 | 1 reply
I also appreciate Core 4 recommendations.Thanks!
Troy F.
Do you have to respond to that needy tenant that calls everyday?!
25 October 2021 | 10 replies
I've started letting them go to voicemail but they never leave a voicemail so I feel compelled to answer.
Daniel Miller
Why do more people not use principal reduction???
16 December 2013 | 16 replies
I want to pay this down quick.Property B is a 6 unit property that currently costs $150,000.Its breakdown is as follows:6 units, 3 separate duplexes each at 1700 square feet, block buildings, C+/B- part of town and not near the downtown core that I live in and see prospering quicker than the rest of the county.Gross Potential Rents $43,200 - 10% VAC Loss = $38,800Total Operating Expeses (RE Taxes $5,367, Water, Sewer and Trash $3,600, MGMT Fee 6% $2,332.79, Repairs and Maint. $3,600, Insurance $5,301, Lawncare $1,200 = $21,400.81Net Operating Income = $17,479.19I borrow all the money at a rate of 7% (additional 3% added to purchase price to account for closing, and entity creation and register)Total Purchase Price = $154,500Cap Rate - 11.31%Debt Service for FIRST year only:Principal Payments: $3,675.48 Interest Payments:$10,698.56Total Debt Service:$14,374.04Cash Flows Before Taxes: $3,105.15To me, Cash Flows and Principal Reduction are my two biggest goals.
Robert Crawford
Could Crowdinvesting be the next big thing
15 September 2015 | 6 replies
Hi BiggerPocket community,We are working on a new startup with the core idea of crowdfund investing.
Rich Weese
food storage and more
25 February 2012 | 13 replies
I think that when we are right with these things, the idea of death and/or discomfort becomes less compelling to us, thus freeing us to think about things more productive than self preservation.
Christopher J.
Seattle 2-4 unit CAP rates? Really?
24 August 2016 | 6 replies
While yes, near core Seattle cap rates have been typically trading between 4.5-5%, I would suggest you rather, or at least in conjunction with cap rates focus on the gross rent multiplier.