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This is from a chapter in the book, [removed] Thought some of you might find it of some value:
Creating value can be as simple as buying a property that’s in great condition and in a great location in a rebounding...
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I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
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When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
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I just completed my CE for my mortgage bankers license here in Oregon today.what I found interesting and wanted to share is there was a module on license requirements as it relates to selling real estate.State of Oreg...
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This forum is for anyone coming to my Networking Summit who would like to talk about the Arizona market and start connecting before the Summit! (see website in signature).@Patrick O'Sullivan reached out from the Phoen...
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Good evening Bigger Pockets community! First post here. I’m just starting out and live in Wichita KS. I’ve evaluated over 700-800 properties so far and been beat out by cash offers on the few I have been interested in...
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I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...
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I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
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Don't know much about mobile homes. Have remodeled houses, have contractors, etc but this would be my first Lonnie deal. One of the largest U.S. manufacturers of mobile homes is located in my area so there is a decent...
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Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...