Kaz M.
New member from Bay Area, CA
Hi BP community, My name is Kaz and I have been living in SF Bay Area, California for the past 20 years. In the Bay Area, I lived in Belmont, Mountain View, San Mateo, and Redwood shores. Before Bay area, I was in San...
Michael Crocker
Newbie in Conroe, TX - Eager to learn about REI!
I am in the process of trying to enter a REI partnership with two close childhood friends. We have been discussing and collaborating for a few months, but there is obviously a lifetime of information to learn! We are ...
Wayne Loux
Take the higher rate now to cashout refi later?
I am in the middle of a purchase for a two family property, definite add value with the addition of one bedroom to both units. My plan is to do the work, make the sqft improvements and cash out refinance 6 months dow...
Justin Sofman
Thoughts on waiting out this tough market, save $ and BRRRR?
Hey BiggerPockets Fam,
I picked a tough time to get into real estate. I've got a big fat 0 properties. Only been looking to make a purchase as of this year and it is not going great. I've put maybe 5 offers in an...
Kimberly Martin
Update on "Making Offers on Property Sight Unseen"
Hello!
I tried to post a quick reply on my original thread, but it kept highlighting my words, so I had to start a new topic.
Well, the seller (the wife) called me this morning, saying that they are rea...
Ralph Plumley
Having trouble applying the 70% rule
Hey BP! It's my first post :OI'm looking into doing a flip (also a first). I'm running numbers in my area, but I'm having a hard time believing I'll be able to purchase a place using the 70% rule. Here's an example: ...
Zach Zander
Acting as Lender on land deal?
I've been presented an opportunity to provide a $40k loan on a $45k land purchase. Within 6 months the Buyer would repay the loan plus $20k (50% ROI). He'll be selling the land for $175k, making a sweet profit. Land i...
Kasey Ryan
Cook County Estimates
Hello all!I am still working on my first dealt here, and I wanted to ask you all for a 3 or 4 unit building:How much is average for electric and heat? (common areas/the costs I pay)How much is average for insurance?Ho...
Brendan Chism
How strictly do you follow the 70 percent rule?
Whenever you are first getting into real estate investing, you are hammered with the 70 percent rule when evaluating what is a good deal or not. It is kinda of made out to be if a deal doesn't fix this rule then it is...
Eric Benoit
Need Advice.
13 SFR for $560,000
Market Value. $635,000
Monthly Income: $8,180
Vacancy: 654.00
Monthly Expenses: $ 2,550
NOI: 4,978
Owner is willing to carry.
I m Seeking advice on the rate and terms that I should propose...