One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
I'm just wondering if there's a way that bitcoin could ever be utilized in real estate?
Maybe accepting rent payments in bitcoin?
Selling a property with bitcoin?
While I've never done anything wi...
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...