I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Basically I've posted a late notice on a tenant door. It pretty much stated May 15, 2017 which is today is her deadline and 19th is when the court precedings will begin. I text you this am and reminded her of the late...
Hey everyone! So I'm just starting out in REI (and by just starting out, I mean I'm looking for my first deal). I'm focusing on buy and hold multifamily investing. I've heard great things about getting a mentor to r...
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Based on the tremendously positive feedback that the Cleveland Price & Neighborhood Map has gotten from clients and users on BiggerPockets, we've decided to put more effort into making it an interactive map that c...
I'm new to this forum, but hope to add value since my area of expertise (credit repair) benefits real estate investors and seems to be neglected in this community.
On October 23rd, the Federal...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
I keep hearing many investors speak of the housing market and stock market as if we are in a normal situation. Everything is great and the stimulus has solved all of the problems that a global pandemic has created. Ta...