10 June 2021 | 14 replies
I've driven this route almost daily for 12 years now and have seen significant improvements and signs of more to come including new builds.
27 June 2015 | 10 replies
Originally posted by @Alexander A.
10 November 2015 | 4 replies
My name is Jeremiah and I'm new here to bigger pockets (which I'm sure will become blatantly obvious in due time haha)Recently, after struggling for a long time of not knowing what I'd wish to pursue in life, I've come to a realization that I'd love to be involved in real estate.I'm in love with houses and the renovation process, I have managerial experience and I'm driven to a fault!
18 February 2016 | 5 replies
I compared a pump driven sewer connection and a gravity fed sewer connection.
22 January 2016 | 5 replies
Hoping I can provide owner financing to people who have the money, but haven't established themselves here yet.I had only driven by before.
19 November 2016 | 21 replies
Its all price point driven, in eastern Co Springs houses are going up like gang busters - all delivering at a price point around $300k, seeing construction in Boulder County too - Lafayette has a couple subdivisions going up now.
18 November 2016 | 12 replies
@Samuel Persson I have driven through it a handful of times.
26 November 2016 | 49 replies
I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try to give enough numbers and information to hopefully provide you with the ability to help provide your guidance.My Current Portfolio- 7 “cheaper” cash flowing properties (values ranging between $140-$210K) in Las Vegas, NV- 2 “expensive” appreciation properties (values ranging between $650K-$820K) in Orange County, CA- Monthly cash flow (for all 9 properties): $2,600Other Relevant Information- I’m currently working full time- I have enough savings to last me more than 2 years (without a salary)The Investments I’m ConsideringOption 1- SFH in Orange County, CA, for $650K with negative monthly cash flow of $300- 30 year loan with 25% down payment of $187,500Option 2- SFH in Orlando, FL, for $170K with positive monthly cash flow of $270- 30 year loan with 25% down payment of $42,500Pros and ConsOption 1CONS:(a) Negative monthly cash flow(b) Large down payment(c) Even larger exposure to market in Orange County, CA (would be 3 properties)(d) I would likely have to sell one of my existing Las Vegas homes to come up with down payment (otherwise I’ll have too many mortgages to qualify for a new one)PROS: (a) Potential for larger appreciation (10% potential appreciation in 5 years of $650K vs. 10% appreciation of $170K), so I feel it is a better long term play(b) I’m not sure if you guys typically give this much weight, but when I include the larger principle payment that would be made every month (e.g. around $800), it changes the monthly cash flow equation if one chooses to consider it, making it more attractive (long term)Option 2CONS:(a) I feel it’s a weaker long term play (less appreciation potential)PROS:(a) Positive monthly cash flow out of the gatesGeneral Notes- I feel I can sustain the monthly cash flow in both cases- I am only considering taking on the larger property (Option 1) because my other cash flowing properties provide me some buffer. - However, I’m wary of pushing the limits too far and exposing myself to too much risk (debatable what is “too much”)ConclusionI'm looking for your advice/guidance about my above decision.