What I have learned is this.
Note: I am still a rookie and only in the single digits for doors owned.
Big factors that quickly erase cashflow and that may put sizable monthly cashflow even into the negative:
Not b...
Do you determine the value of a duplex by using the income and 50% rule? Also I have an opportunity to purchase two duplex for 48000-49000 one is a three br 1bath and 2Br 1 ba. The three Br brings in $1100 and the 2br...
I'm currently buying a home and they found an oil tank. Seller doesn't have the money to pay for removal so I offered to remove the tank before closing, with a clause that if there is contamination, I will be backing ...
Hey there Bigger pockets, looking into a town home 4 plex, consisting of 2bed/1 1/2 bath units.. Two questions. 1. Best way to evaluate the deal, I have the pro forma noi, expenses, and operating income. What other...
Hey guys!I am in Kitsap WA and have been digging deep into the tax records and I noticed a large amount of investors from Seattle(an hour ferry ride way) have purchased distressed properties in 2012-2017 but didn't ne...
There's a certain guru who also has a wholesaling posting website, and one of their areas is in LA. I get the wholesale posting emails, because well, I'll take deals from all sources I can. But I clearly have in ...
Hi All!
I'm brand new to all of this and I'm hoping some of you could help me figure out how to find deals and get practice in with underwriting. I've been doing my homework as far as books, articles, videos, and pod...
My parents own a home near Sarasota Florida and are thinking of moving back to the Midwest closer to me. They purchased the home in 2016 for 275k and it’s now worth around 575-600k. They really don’t want to pay to ...
Has anyone ever paid for membership in Good Deal Zone? Are they legitimate or scammers? Can't find much about them at all? Please advise. Thank you
Hi everybody, does anyone have a recommendation on a reliable online skip tracing company? I am trying to derive email addresses and phone numbers of particular neighborhoods. Thanks for any advice you are will to sha...