Hi all. I am analyzing a deal that is outside my comfort zone and I am very much in my head and overthinking it. I am hoping for insight from more experienced investors.I currently invest in a class C (probably C-) ar...
I saw a perscope by Cardone titled "Real Estate Warning". His attitude is that everything is priced to perfection, which never happens. For an ever-happy Cardone, his scope is quite ominous...If you tell me where you ...
CoVid will have a huge impact on the economy. Federal rate cuts and job losses are already being felt.I expect this to have a domino effect on the real estate market within a few months. With foreclosures expected to ...
My backgroundI've been investing in SFRs in my local market since the 2009 crash. I started off pretty clueless but ended up with a few successful rental properties. If I got to do it over again, I would have been muc...
We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Hey BP!I am a Nashville native currently involved in a number of development projects locally. I am trying to be more active on the forums, so I’m going to document a development project from start to finish. I plan o...
Hey BP,
I'm 21 years old, and fairly new to bigger pockets. I am currently building a home from scratch to live in so I can borrow against it and build a rental business.
I'm just giving a shout out to anyone that...
Hey guys, I need some help. I bought a house at an auction. There was not access allowed to view the property prior to bidding. After I won the auction, I was walking around the house to get some more ideas on what to...