Hey guys, I currently have one duplex for a few months now, so I'm still relatively new. I am thinking of rehabbing my property soon which would include mostly cosmetic touches (paint, new floors, touch up the bathroo...
What are the parameters when you run comps? Each property pricing that is pulled must be:-Within 1,000 sqft size of each other (Heated space)-Nearly identical in amount of bedrooms/bathrooms (Ex 4/3,4/2, 5/2...)-Do yo...
One of the most critical elements in establishing trust with clients is creating a valued brand. A brand is an emotional corporate image that an audience perceives as who you are, what you aspire to be, and what you p...
I called this a value proposition need because I'm finding it hard to quantify our value in this. I will be meeting with an investor soon and she wants me to come up with a number of choices re what percentage she wou...
Hi All, At what point can one stop setting aside funds for Cap Ex? I have had a rental property for a number of years and the Cap Ex money that I've set aside is fairly significant. Obviously, the number will vary by ...
Previously, I wrote about how sports teams work towards a goal
http://www.biggerpockets.com/forums/56/topics/70880-thoughts-on-the-big-game
I hope you have heard of “SMART goals.” SMART is a mnemonic for Specific, ...
Hello,I recently had tenants move out of a rental unit. When they moved in, the carpets were brand new, and they only lived there 6 months. While inspecting the home, we smelled extreme odor of pet urine through out t...
I've seen the word guru tossed around a lot but what does it mean in this community? Does it mean you completed a lot of deals? Secured a lot of seed capital funding? Made a lot of profit? Or is it just years of exper...
The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings. Real estate investors rely on cap rates to analy...
I’m looking at some options to bring in more rental income for some clients while reducing some risk. What are some typical rates one would charge an arbitrageur looking to rent a space out for AirBnb. Let’s say for e...