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This is from page 98 in the book.Johnny owes you $10,000 -- interest rate is 10%, payment is $132.15, number of payments is 120.He's going to sell his house so he asks you for a discount if he pays it off now.You agre...
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I am happy to report the recent sale of a 240 unit apartment complex for $13.25 million located in Stone Mountain, Georgia a suburb of Atlanta. Last year I shared details about the purchase of this deal, here is the l...
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Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
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Morning BP! I'm analyzing small multifamily properties (primarily duplexes) for my first owner-occupied investment. I have a general question about rental income: should the rent from the vacant side completely cove...
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My goal is to "retire" in 5 years. I want/need roughly $8,000/month to cover my current income and benefits. I live in Evansville, which is growing but still a small/mid market. It is currently saturated with investor...
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Hello BP community,
I'm wondering, for those of you who are deep into the world or REI, what are you hoping for when you meet a newbie?
In my experience, the best relationships are one of give and take. Being so new...
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Hello All,Thanks in advance for your reply. I have several hundred K to invest, have vetted syndicators for the last few months and I am at a point where I know I am coming into the real estate syndication market its...
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Just recently got onto Bigger pockets looking for real estate investment. I am a physician, 59, and recently got out of financial debt associated with divorce and custody issues and am in a much better position at thi...
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I am looking to purchase a STR in Maui but I have run into a few road blocks. I have been told a loan has to originate from the island and that you need to put 30% down payment on a purchase. Anybody have lending i...