If you had 50k which area in the US would you invest in?
Saw a quote that I feel is fitting for our community. Wanted to share with everyone! "Optimist: someone who figures that taking a step backward after taking a step forward is not a disaster, it's more like a cha-cha."
Has anyone ever been in this situation? I'm renovating a triplex I just acquired, in a neighborhood which is currently going through transition from low income to high income. The problem is it has been a low income ...
Hi all,
I’m looking to take my next step in my RE investing career with a foray into the multifamily realm. In the single-family/duplex/triplex/quad-plex world, I know that purchasing property at a significant discou...
My name is Wayne, I am new to RE investing. I am hearing a lot about the 70% rule. How often is this rule used and what success have you achieved using it? Please advise.
Hello all! A friend and I are considering acquiring 21 acres of vacant land upstate ny, supposedly without utilities access. As we both have zero experience when it comes to land development we are both consuming as m...
Hi BP users,After calculating my NOI and wanting to know the cap rate, given the formula CR=NOI/V, where V is the value of the investment, do you also consider the closing costs in the total value of the property? Or ...
Good morning and Happy Thanksgiving!
I am about to take my first step being a real estate investor. I am 43, have good solid amount of retirement investments, 230K home paid off, small busiensses that provide enough ...
Hey everybody. I’m brand new trying to learn as much as possible. Ive been listening to the BiggerPockets Podcast while at work and just listened to #17. Mr. Brown mentions knowing the market you are investing in and ...
I am preparing offers for two FannieMae properties (different counties/same state) my question is, can I submit both offers in one contract? Lets say one is listed at 30k, the other at 25k, can I submit a cash offer o...