David Lee
Diary of an unusual type of flip!
16 June 2015 | 32 replies
It would be great to pair pictures for before and after effect.
John Hicks
Should I try and consolidate 3 mortgages with a portfolio lender?
12 March 2014 | 2 replies
I'm not in any bind whatsoever but was just thinking if I could effectively lower the payment by a few hundred every month, that wouldn't be a bad thing.Opinions?
Nick B.
What to do if the numbers don't make sense?
13 March 2014 | 12 replies
I am trying to find my first rental but in order for it work it has to meet seemingly impossible criteria.Here is what I am looking for:SFR, 1600-2000sqf, 3bdr, 2+bth, 2 car garage, built after 1985.Location: Midcities area of DFW (Dallas-Fort Worth).These houses are listed between $110K and $130K and rented for $1200-1600/mo depending on the area.However, once I calculate effective cash flow after all expanses are paid, my total purchase price must be at least 30% less than the list price.I asked several listing agents if the seller would lower the price but response was always the same: "we already have multiple offers".
Account Closed
Establishing an LLC
15 May 2014 | 11 replies
LLCs are generally pass through entities that have no effect at all on taxes.
Clinton Roland
Mix-Use land development
21 March 2014 | 15 replies
When a large drop hits the ripple effects shoot way out.Whether it will happen or not for sure is a percentage play based on where it is in the process and how it needs to be funded for it to be a go.Probably have heard of it if you mention it here.
Tony Gatto
How to assign on this deal ?
1 January 2020 | 15 replies
They have no issue with keeping things confidential from either party so long as the issue doesn't effect the other side.
David Krulac
Flood Insurance revisions
13 March 2014 | 0 replies
Flood insurance rates are to rise 15% per year until the program is solvent.Its uncertain today what effect this legislation will have on real estate values for properties in the flood zone.
Joshua Dorkin
Celebrate 9 Years of the BiggerPockets Blog!
19 March 2014 | 22 replies
It's an unusual collaborative effort that all of our members benefit from.I wouldn't be here if it weren't for Josh and Brandon or Jon in keeping this site running effectively and efficiently.
Frank Coppola
How to accurately estimate ARV (After Repair Value)
23 August 2015 | 14 replies
I take pick 3 properties from every catagory and calculate the dollar per sq. ft. and average that out.It is simple and effective for me since zillow match's recent sales in my area 100% to the county sales records. and it also gives me high and low comps to work with.
Dailin Fajardo
Financial Goal
18 March 2014 | 7 replies
Getting a Real Estate license solely for this purpose is not very effective, but also possible.