Hey guys, I have a 2.62 acre lot that I’m in the process of purchasing to flip or develop. We opened escrow yesterday and it’s a 60 day with a 45 day inspection. Chicago title showed the zoning as R1 but after further...
I live in a market with typical cap rates < 3%. Given current 6% plus interest rates and need to secure financing on any property I would purchase, how is it possible to make money? In the case I've described, the ...
it's something I've been looking for for a while, and it doesn't seem to be talked about much (at least where i'm looking)- the recent BP: Money ep #377 with " Mr. Money Mustache" prompted me to writeFor my specifi...
We own one house and will be purchasing two smaller rental units with cash in the near future and potentially a second home. We have roughly $500,000 in the bank. We will likely start out buying in our trust or an LLC...
86-year Old Lady's Letter to Bank
Shown below, is an actual
letter that was sent to a bank by an 86 year old woman.
The bank manager thought
it amusing enough to have it published in the New York
Times.
...
Hi - I am fairly new to bigger pockets. I have had rentals in the past but lost 2 to foreclosure after the bubble burst in 08/09. I still had my primary home, and was able to sell that & moved to San Diego CA. We ...
so I hired contractor to remodel bathroom and he contracted it out to another contractor who's cotracts bad contractors to to work.I had to have them gut the bathroom again and do it again.it still wasn't done prop...
North Florida Pensacola Cash flow not appreciation vs Miami negative cash flow but appreciation ? I know both market very well hard to determined what is best !! What is your experience with this 2 markets ?
My grandmother is aging and currently in an assisted living facility. In order to cover the cost of her care, my mother has rented out my grandmother’s home. I am trying to help her put the home in the correct entity ...
I'm a little unsure about when you would use a GC vs. not.
As a hypothetical example, if the house needed painting, new carpet, cleanout, and had some holes punched in the walls that needed to be repaired, would it b...