Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Hello everyone and happy 4th of July!!! I am getting ready to close on a house later this month. 7/15/16 is the closing date right now. I was planning on doing some financing on this one but it has become a little d...
I have either read on the forum or heard in the podcast that you choose your strategy based on your goal(s).
I.e. Rentals create passive income and wealth in the long run vs. rehabbing which has large payoffs in a sh...
I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed who...
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...
For us real estate investors this is a good time to have rental properties while we watch others portfolios crash with the stock market.Other than a moderately safe mutual fund I contribute to monthly and my 401k, I a...
I've done several deals internationally, most recently in Medellin, Colombia. Happy to answer any questions or would love to discuss with other investors that have done the same.
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...