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So I've been doing some reading here on BiggerPockets and I just wanna say I'm really impressed with how helpful everyone is.
My questions are:
What are the risks of wholesaling?
What could go wro...
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Looking for input from the bigger pockets family. I am closing on a flip next Friday. It 's a wholesale deal/assignment contract. The home has been owned by the same couple for over 25 years. A title policy will cost ...
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I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
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Hey BP community!
I’m in transition and I’m considering moving to San Antonio TX or Baltimore MD to start my real estate investing part-time. Both markets have their pros and cons and I’m hoping to get some advice f...
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Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
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Guys, I need some help. I'm currently looking for my first rental and after scouring the MLS, I realized that I needed to be creative to find a good investment. I reached out to a mentor who has been in the rental b...
Hello, my friend is an 82 year old woman and in 1999 she went to a lawyer to have a document drawn up. Her daughter just gave me the document asking "What does this mean?"Top of document says This Indenture, made the ...
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Hi All, I'm new to BP. I've lived in SoCal my entire life, and don't plan on changing it. My wife and I are aggressive investors by nature, and we want to take it to the next level. We have some nice assets that I ...
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I need your wisdom and vote please.So, a year ago I bought a little duplex in North Collinwood, Cleveland for $65k cash, slapped a new roof on it, upgraded the electrical with new panels and meters, fixed some knick k...
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Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...