Brandon Richards
New to the DFW area!!
As the title says, I'm new to the area. I just moved here from northern Arizona. I own a carpet cleaning business in Flagstaff,AZ. I was a Realtor there part time as well and now I'm full time here in Texas. I've bee...
Stephen Masek
Debt, The biggest drug
The Orange County Register ran this article by me on 11/6/2011, and I though you-all might like it.
Debt is the worst drug in America, because it directly harms the most people.
The debt pushers have en...
Chris Reichelt
23 Unit Review- It looks good to a newbie
Hi all!So I own a few SFR and want to move up to apartment complexes. I live in NJ and have analyzed several deals here, however, there seems to be better opportunities in Philly. Ive come across this one and It seems...
Account Closed
3 Duplex Deal! Check my numbers
Three, 2 bedroom 1 bath duplex's . Market Value $195,000Purchase Price $175,000 20% down, 30yr amortization $751.55Yearly Expenses Property Taxes $2,000Repairs/Capex $5,508Insurance $2,500Vacancy 10% $3,060No pro...
Christian Belleque
Preforeclosure Selections
Hey Everyone, I have decided to get into the pre-foreclosure area because of the win-win situation I can achieve on every deal. Unfortunately, I understand that there are just some situations that are not able to be s...
Alex Kernus
Lenders - pros and cons of 20% vs. 25% down for better rates
Hey BP!
Quick math/thought process question - I'm under contract on a $118k SFR. My lender says if I put 20% down, I'll pay 0.5 points for a 3.875% rate, and if I put 25% down, I'll pay 0 points for a 3.5% rate. Math...
Ty Patillo
50 Unit Multi-Family Co-op Deal
I'm in the process of getting a 50 unit multi family Co-op under contract. The units are 2 story garden style(1,2, & 3 BD RM). Its a value-add opportunity. Has any every purchased a multi-family co-op property ...
Morris Lucas
Buying A Property from Owner in Bankruptcy?
So, I have been researching a house for over a year that had been vacant, and finally tracked down the owner through a skiptrace company. He told me the house originally mortgage was free and clear, but he took out...
Ricky Knack
My costs in buying a home in pre-foreclosure
Let me start with saying I'm really enjoying all the helpful information out in BiggerPockets land. I was wondering what costs are associated with buying a house in pre-foreclosure vs a house not in pre-foreclosure. I...
Jeff P.
Roth SDIRA and UBIT/UDFI
I have a checkbook control Roth SDIRA and plan to invest in multifamily syndication. I am concerned about how UBIT/UDFI will kick in. I am new to this so forgive me if I don't present it correctly, but here is a hyp...