Altwon Simmons
What if I don't "buy it right"?
Hello brothers and sisters of BiggerPockets👋🏾. I have a situation I'd like some help with. I sent my very 1st letters out and my mothers neighbor (a duplex owner) is welling to sell. The problem is that his asking pri...
Scott M Dorau
What is the 1% rule for profitability?
David Greene briefly mentioned the 1% rule for shopping for investment properties. I am shopping now for my first property, can someone explain this?I guess I am really trying to find out what the minimum cash flow s...
Doug Cobb
How to structure a good saleable note
I have a house that I am getting ready to sell. I am going to "owner finance" I have no experence with note selling. Any advice on how to structure the note to make it desireable for a purchaser and also to bring top ...
Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
I see how this rule can be useful, but I think it can't be a deal breaker. One can make the argument that It is too conservative. It may only apply to home run investments. However, it may turn people off to nice i...
Janice Manola
Commercial Real Estate agents commissions
Hi all, I am new to commercial. I interviewed one agent. He told me that in order for him to look for properties for me, I have to sign a contract with him so that he will be my sole agent. On top of that, he ch...
Michael Leland
Must haves prior to starting
Greetings BP!I'm a high earner in healthcare but want to get to a future where I can stop trading my time for money and live actively pursuing "passive" cash flow. My goal is to invest in CRE and hopefully scale to la...
Jayson Damian
need Step-by step advice paying off parents mortgage w/ HELOC
Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...
Natalie Johnstone
Where are Bay Area residents buying today!? Which market?
Hi All - I'm brand new and have a goal to buy a property by EOY. I'm overwhelmed by which market(s) to choose. Because I'm in the Bay area, I can't really invest in my backyard so to speak. Looking out of state (be...
Account Closed
Turning my million dollar building into more cash flow
Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
Kevin Lefeuvre
Guests increasingly ask for discounts
Is everyone else seeing an increase of inquiries asking for a better deal?When I started 4 years ago, it was very rare. Now a large % of guests ask for discount. In the past 24 hours alone, got 2/3 inquiries per prope...