Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Hello BP,I started my real estate investment career a little over a year ago. I bought my first three properties within two months of each other. Two of these were turn key rentals and the other was a rental rehab tha...
Are you still putting your money away in a retirement account?
Are you maxing it out?
Are you getting the bare minimum employer match?
Or are you parking all your money in a liquid account to be ready for the next ...
I'm looking at houses in Las Vegas that unless you pay cash, don't cash flow at all, and in most cases are a loss. So how are people making money with rentals in Vegas on 20-25% down financed properties? Appreciation ...
I frequently hear/read that large multifamily properties (i.e., apartment complexes) produce better returns than SFH or small multifamily (2-4 units) properties. I just can’t see it in the numbers, as I can figure the...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
I wish I can communicate by written word what I am fully going through mentally right now...the stress...the anguish...the confusion...the pain of the realization of time wasted (11 years as a temp?). I am not sure I...
Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...