It has been about 15 months since I purchased a 48-unit property in Wichita Falls, Texas. I want to share my story to inspire other BiggerPockets members and hopefully you can learn a thing or two from this acquisitio...
Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
Is there a point where it's downright insulting if your offer is too low?Let's say I'm considering a property with an asking price of $90,000. If, in order for the numbers to work out for me I determine I need to buy ...
Hey guys! We just closed on a 48 key hotel earlier this month in the Ozarks. That now totals the number of hospitality doors I have under ownership/co-ownership to a bit north of 60-something. This has been an interes...
Hey! How do I go about choosing which lender to go with when it comes to real estate investing? Buy and hold BRRR is the strategy I am going with. I have $10k saved up at the moment and I have good credit.
I am having trouble choosing between two beach properties for a first investment. One set of options are condos in a complex which basically has no beach during high tide and the HOA spends more and more each year rem...
Hello,I have been on here for a little while but only as a lurker. I really enjoy reading everything people have to say on here, it is a great community. I live in Bend Oregon on the sunny side of the Cascade mountain...
I've just graduated from college, and don't start my new engineering job for another week. In the mean time, I've been reading a bunch of books and attending seminars on how to manage my finances. One of the first ...
BP Community,I have had a opportunity presented to me through a small talk conversation that I transitioned to the person asking me what I would do with a large piece of acreage in Door County, WI. I asked what that i...
With spring right around the corner, I would like to lower my electricity bills by adding solar. Can anyone inform me on what I can expect? How does the billing work? What are people's general opinions on this? I have...