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I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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The best real estate investing book I've ever read… The steps in this book are so practical and easy for anyone—with any income, living in any city—to follow.
—Grant Sabatier, Author of Financial Freedom & Cr...
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Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
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When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
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I have been listening to a good amount of podcasts on here and it seems to me that most investors who invest in multi family are staying small meaning anywhere from 2-15units. I understand that it depends on each indi...
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Hello BP, I have been doing some research trying to find cheaper ways to market and better ways to find motivated sellers. I have come across facebook ads frequently, but many people are saying that they have mixed re...
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Hi there, My name is Austin I’m new to the Bigger Pockets world and I’m looking to buy my first property this year within the next 6 months if possible. I’m 23 years old I’ve been saving money for a property since I w...
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Ok no money is a bit of a stretch but none the less this has been an epic year! I have put little to no money down and have increased my net worth substantially through forced appreciation, positive cashflow, and debt...
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I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...