Many individuals new to real estate think wholesaling/bird dogging is the best entry to the real estate industry. Since the belief is taught you can save up through a few days while gaining experience. My experience h...
Hi BiggerPockets family! This is my first post so I am very excited and thankful to have the opportunity to pose my questions to such a wide audience.As a little bit of background information, I am currently a senior ...
Hey All, I have a question on what is typical when it comes to preferred rates of return. I am running out of my own funds and have engaged an attorney to set up my first syndicate. I am noticing a standard in the fee...
I have a bar and live music venue under contract in a smaller town outside of Houston. I threw in a low ball offer not expecting it to take and they took it. The previous owner died but he has redone the building comp...
For cash-on-cash evaluation of rental properties, it is critical to identify ALL of your acquisition costs. Here is a checklist. You might have additional items depending on your market.1. Cash portion of purchase ...
Hello All, I am a first time poster, but have scoured these forums and read a lot over the last year. I still have some questions. First off, I do own my own communications company currently, but am looking to expand ...
A lesson I learned later is that real estate is not just about numbers, which is contrary to the thinking of most investors. Focusing solely on numbers often leads to the purchase of low-quality properties. For exampl...
Question on commercial multifamily valuation...When I analyze deals, I include Reserves (10%, set aside for CapEx) in the Operating Expenses, which means it is a part of my NOI calculation. That's how I do it internal...
Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...
Hi everyone,I own a property in a highly sought-after rural area of Lee County, Florida, which has been under my ownership for the past 12 years. Initially, my family and I lived in this house for a couple years befor...