Kahanu Noa
Purchasing a vacation rental as an investment
1 December 2014 | 29 replies
I can tell you it's in the Kihei Kai Nani complex right across the street from Kamaole II Beach in Kihei.Last year was our first full year and we brought in just over $30,000 in rent and this year we are scheduled to be just at $32,000.
Joshua Dorkin
BiggerPockets Crosses the 1 Million Forum Post Milestone!
17 September 2015 | 42 replies
The forums are what I stumbled upon in 2011 and brought me here.
Fitzgerald Hall
Real life of a NEWBIE investor
27 October 2015 | 46 replies
They both complimented each other and brought something different to the table.
Wendell De Guzman
Why Paying OFF A Mortgage Is NOT Necessarily Smart
22 November 2014 | 6 replies
As Ben brought up, the flexibility of interest only with option to paydown is a huge bonus factor to consider (and an ideal financing situation in my mind so long as the interest isn’t too much higher).Notes & Assumptions: Assumes no appreciation over the 5 years & CAP rate stays constant throughout.† Final value defined as = [Down Payment] + [total cashflow] + [principal paydown]*The ROR formula breaks down when you have negative cashflow since you can't pay the negative delta along the way with the equity you only realize after selling (or refinancing).
Ryan Dossey
Well it's official... Just closed on our first two rentals!
22 November 2014 | 42 replies
A contact off of our DM campaign brought us a package deal that was almost buy one get one free on a turnkey property.
Mark Weinstock
First time landlord learning from my mistakes needing eviction advice in South Florida
13 January 2017 | 13 replies
I don't recall if they were prohibited or not.My contractor brought the paperwork right to the sheriff's office in Fort Lauderdale for the Writ, to avoid any inter-office mail delay.
Tom Lane
Buying Fannie Mae for cash
30 November 2014 | 9 replies
We've bought a lot of props but our FM dealings have been limited, which is why I brought the question here.
Kelley B.
Flipping in Phoenix
2 December 2014 | 3 replies
Start with what you conservatively believe that the property will sell for if it is brought to market standards (more on market standards later).
Jason M.
Received a call from a firm?
2 December 2014 | 6 replies
I had been burned by the tenant brought in by an agent.
John Crandell
New to Washington state, need to build a team
12 August 2015 | 13 replies
I have read a vast amount of other articles on the subject of flipping, starting a business, anything I can find online on the subject that falls inline with BP's and my standards.My wife and I brought funding with us and want to start small, first time home buyers, is what we have in mind.