Jason Lee
Too good to be true?
http://www.biggerpockets.com/properties/13950-14-roi-on-this-duplex
I am a complete newbie but from what everything turns out to say, I sit on my butt and collect around $880 every month? Is this too good to be true?...
Paul Winka
Basement now waterproofed, need help making it look great again.
I just recently had my finished basement waterproofed and need help figuring out what my options are for making it look pretty again. The floor had ceramic tile and a vinyl baseboard. The tiles adjacent to the wall an...
Jon Klaus
America's cheapest housing markets
Detroit and Pittsburg lead the cheapo list, but Tampa and Vegas are coming on strong (or weak).
10 cheapest: Detroit, Pittsburgh, Rochester, N.Y.; Memphis, Tenn.; Tampa, Fla.; Cleveland, Tenn.; Columbia, S.C.; Dallas...
Robert Smith
How To Screen Self Employed Tenants...?
I have a couple who have applied for one of my rental properties (3bed, 2bath sfh) through Cozy and claim they are self employed and make $80,000/mo each and they are willing to pay for an entire year worth of rent. T...
Andy Mirza
No Tsunami of Foreclosures this Time
At the beginning of the pandemic, I remember seeing a lot of posts from people regarding an upcoming "tsunami" of foreclosures. Better be ready to take advantage of this opportunity!I had my doubts back then but, the ...
John Lupo
NRIG Insurance Pro's or Con's
Hi Biggerpockets Community I was wondering if anybody has used or is using NRIG for their multi family properties, I received a very low quote that seems to good to be true, I have a fully paid for property in Lo...
Ramires Lima Barreto
Does anyone know if BNB Investor Academy and Michael Elefant are serious?
Hi all, I'm new here. I just found this site on Google search while trying to get more information about Mr. Michael Elefant and BNB Investor Academy. I follow him on Instagram and he contacted me to invest in his ren...
Robert Mayo
low income area = high appreciation?
I've seen it mentioned many times in this forum that houses in low-income rougher neighborhoods are good for cash flow but not so good for appreciation. The implication is that a house in a nicer neighborhood would a...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Christian Walker
What questions do you ask?
Hey guys!I am just getting started in investing and trying to look for my first house to buy. I found some great potential houses for me but I was wondering when you call the owner what questions do y'all ask? Is ther...