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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...
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I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
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Hello! David Dachtera here.This post is going to be a bit unpopular on Bigger Pockets because it's about education - Real Estate Investing education. The site as a whole has rather a strong sentiment against paying fo...
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I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...
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I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...
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Every investor I meet, I like to ask them about their thoughts on where the real estate market is headed, specifically in California. People seem to give me answers from both ends of the spectrum. Recently, I spoke wi...
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Greetings,
I'm looking to hear people's thoughts and observations of a potential increase in numbers of people moving from California and how it will affect real estate in the locations where they relocate.I grew up ...
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I recently listened to a podcast interview with a very accomplished and intelligent syndicator. He said that the annual return you anticipate for your investors needs to be at least equal to the rate of inflation in o...
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As everyone is rushing to get into the Airbnb market, we have been in it long enough to want to get off of their platform altogether.We still want to do short-term rentals just not on Airbnb due to their guest-friendl...
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The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...