Hello Everyone,This is my first time posting. I wanted to feel out this whole BiggerPockets group so I’ve been stalking all of you silently lol. With that being said, I figured there’s no time better than now to ask f...
What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN? Is 6% low, 8% average and 10% high? Forgive my ignorance but what is that base...
Hello BiggerPockets! I'm a brand new real estate agent in California and have decided to give the world of real estate a shot. I came to this choice after trying out the typical W2/9a-5p job and coming to the conclusi...
Hey everyone.
My name is Boris - over the last few years, my wife and I have built up a portfolio of properties in a handful of cities around the country that we run as short-term and mid-term rentals. As we both com...
I think I could write a book sometimes with some of the crazy stories from owning and managing vacation rentals. I'd love to hear your stories and how you've addressed the issue to prevent it from happening again (if ...
There needs to be a lightening up here...so I'll start it. Any political jokes will result in a beerboarding - and not with good beer, we're talking Pabst Blue Ribbon.
Got this one today from a realtor:
One Sunday,...
On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
I would like to consolidate the 9 30 year fixed mortgage (currently in my name) into one loan and open up a revolving line of credit to move on additional deals.The nine houses have 70% equity.I’m a professional ...
This is my 2015 L/O Assignment attack plan for 2015. I am totally new & I have no sellers set up yet but Our Master Educators Brian Gibbons, John Jackson & Bill G have me confident enough to approach selle...