BACKGROUND:Hello! I'm a junior in college with a really low, all Stafford subsidized student loan burden ($6,000 which I will pay in a lump sum at the very end of my grace period). I found out about personal finance i...
Hi. Accredited investor here, tech background. I live in a VHCOL area, and the prospect of investing in Brooklyn beyond my condo seems... unlikely. I'm heavily weighted into technology and cryptocurrencies and I'm loo...
Hello BiggerPockets community, I’m 20 years old and have been saving diligently since I started working. I’m now at a point where I feel ready to start investing in real estate. My plan is to purchase a house hack in ...
We have found a creative way to access some equity to make our equity work harder for us so it's almost like the beginning of a BRRR strategy. However...it's not quite. There are several options and we'd like to tho...
Let’s say my property rent not NOI is $1m a year.
All tenants pay online using an online service or app etc.
I have a property management company that I pay 10% so $100k.
As the property management company manage...
Down Payment (25%?)Entrance Costs (lender fees) $2,000+Rehab Costs?Holding Costs ($3,000)?Exit Fees (8% or resale price)?Mortgage Payoff?
I have an opportunity with a seller who is willing to do a lease to own contract for me to purchase a home he bought and is now ready to flip. What should I make sure I include and look out for in the deal? Any advice...
In brief, I have a rented condo that was damaged due to an upstairs unit leaving their bathroom water on. Master bath/bdrm unusable (it's a 3 bdrm unit). Can argue up to 50% of the unit is not usable. Have a tenant wh...
Before you warn me of the pitfalls of investing with friends, please know that we have thought carefully about this and understand what we are possibly walking into.
That being said, here is the situation: there are ...
how does the bank make money off this?