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Results (10,000+)
Joshua Dorkin Are you a paying BiggerPockets PRO member? If not, what would convince you?
1 June 2011 | 60 replies
Can you imagine Facebook having a paid membership?
Tin Lam How long does it take to pay off your 30 year Mortgage?
25 May 2011 | 43 replies
Sell after a few years only to trade up to bigger / better property...again just paying off a mortgage to pay it off doesn't make much financial sense to me personally....it appeals to my emotional side of having a f & c home, but as far as investing, it doesn't really help u grow your business Yeah, but if you're going to keep the property for long-term cash flow, then I think it makes sense to pay it off early or do a mortgage with a term of less than 30 years.You would obviously save quite a bit, but I would imagine that many investors aren't able to pay 15-year mortgage payments on all of their properties and still continue to buy more.
Steve L. 50% Rule - Lowest Cost/Efficient Producer
27 August 2012 | 40 replies
I'd imagine they are getting people in over-market with the concessions. 6.9% repairs & contract service + 6% capex seems about right.
Chris Weiler Your Favorite Reasons To Invest In SFR's Instead of Apartments
25 May 2011 | 13 replies
Originally posted by Jon Klaus:Also, you can attract high quality, stable tenants.Translation: Less turnover.It's easy to imagine those nomadic gypsies moving in an out of a 1 or 2 bedroom apartment like it was a hotel room, but get a family of 4 or 5 in an SFR and they tend to hang around a little longer.Of course, there's plenty of exceptions, but this is what I've observed.
Bryan Hancock Education Topics For Webinars
25 May 2011 | 3 replies
I couldn't imagine sitting through anything that had a title like "Operator tricks of the trade."
Nick J. RE Licensing School Exam: Pass or Fail?
14 June 2011 | 25 replies
If it makes you feel better, I plan to take my course exam next week, despite the fact that I finished the course back in December...so I can't even imagine how much there is that I don't remember...So, I'll probably be the same boat...
Bill Gulley When are you Speculating vs. Investing?
27 May 2011 | 12 replies
Capital is the money to facilitate the control and use the property and the Entrepreneurship are the skills of management, talents and imagination required to match or blend the other functions together to make an economic profit.The aspects of entrepreneurship is the only basic function that can generate an economic profit alone or by itself.
Robert Griffin How do you respond to people moving to your area and...
2 June 2011 | 3 replies
We made no promises that we'd put in any offers, and she didn't require us to sign any agreements upfront.Ultimately, after a full-day of looking (probably 30 houses in one day), we put in an offer, closed 3 weeks later, and she made about $15K for about 10 hours of work.I imagine that offset the times when she showed people houses all weekend and they didn't make any offers...she realized that hers is a business of service and numbers, and that if she only wanted to deal with people who guaranteed her a commission, she wouldn't be doing nearly as well.
Hal Cranmer Probate Lawyers
15 July 2011 | 6 replies
I don't claim to be an expert in probate procedures but I recently purchased a property that required probate court approval (I imagine factually the situation is similar to yours).One piece of advice, which helped me, was to be very prepared regarding substantiating the less than appraised value purchase price.
Hoyt Burdette New idea for banks and investors
30 May 2011 | 4 replies
Imagine all the fraud that would come out of that open vein.