Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
Have you installed any energy savings devices in your STR properties?We have a 4400 sq ft 6 bedroom cabin that just had an $800 electric bill.We have 2 HVAC systems and an inline dehumidifier. These run alot in the su...
I've heard the phrase "live where you like, invest where it makes sense" (or something like that). What's your opinion on investing in multiple states or investing far away from your home? Pros, cons, why it does/does...
Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
Zillow is showing a home in the neighborhood next to my primary residence (literally one tenth of a mile away) in "pre-foreclosure" status. It states the loan is in default and even gives the foreclosure attorney's na...
Hey guys, I have been watching the BP youtube videos and have been totally inspired to invest in rental property. I am a physician in Southern California with about 400k in educational loans to repay although I have s...
Hello BP collegues/friends, I work and live in Miami, FL; and I invest in out of state rental properties. I recently was recently awarded $100,000 and I wanted to get advise on the best way to use the funds and make a...
Hey Bigger Pockets members,
My name is Vinicius; I am looking into purchasing my first investment property. I work/live in Miami area and the market here looks very hard right now. I have been looking into the Miam...
Please tell me how you are doing it!
I am struggling to see how this can be done with less than 20 pieces of property that have a positive cashflow of $200/mo each. That would put someone at $4,000 a month which cou...