David Hart
Business Plan Development Software? Which is the best?
Hey Gang,
I'm taking the sound advice of some really smart people from the BP community, and have decided to spend the necessary time to develop a formal Business Plan.
In an effort to do that, I've considered a fe...
Edward Farrell
Engineer by trade, but what has my career taught me?
Hello all! My name is Ed and I live in Voorhees, NJ, about 15-20 minutes outside of Philadelphia, PA.I graduated from Rutgers Univ. College of Engineering nearly 20 years ago (sheesh) and have navigated a pretty secur...
Danielle J.
Rental Agreement vs. Lease
Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...
Aimee Haasteaby
Purchasing commercial property without good P&Ls
Hi all,My husband and I are interested in buying a resort for sale in TX but the owners won't share the financials because they didn't keep good records. The agent says it's not a cash-flowing property but has huge po...
Parisha Randall
First Investment
I am hoping to acquire my first property in the near future, but not sure what type of job I should take on a new investor. Buy to flip, buy to rent, home condo or multifamily home. I have some ideas, but is there any...
James Lynk
When is the right time to Quit the 9-5
First congratulations to Biggerpockets and the wealth of knowledge accumulated here. It's been very difficult for me to type a question that wasn't already addressed by your forums. So in an effort to participate, my ...
London Stewart
What is the best way to get into real estate after college?
I'm a junior in college majoring in Finance. I don't really have an interest in corporate america, and I want to get into real estate as soon as possible. I need tips on where I should start looking. I've been doin...
Gary Smith
Lowering the sales price in a good market?
My partners and I built a spec home(our 1st deal) and it had two appraisals at $700k.
After 3.5 months, no one had shown interest in the property. We dropped it from 720k to 650k
And now after 4.5 months, our RE bro...
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
Simon W.
Asking Seller to pay for closing cost and escrow fees?
Hi,
So I am in the middle of negotiating with the seller.
I told to listing agent that if I want to accept the seller's offer, he would have to pay for all the closing cost and escrow fees.
(I am new to this. This ...