Shiloh Lundahl
Millionaire - RICH or Middle Class?
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Chris Taualii
Can somebody explain what it means "we get paid when we buy?"
Hello BP. Can somebody please break down the meaning of getting paid when we buy? If it's a buy and hold, or a fix and flip how do we get paid on the front end? Thanks.
Takira Smith
Profit Sharing
Hello,I am entering a partnership to flip houses. However, we are not yet on the same page as to how the profits should be split. I would be the person fronting the money. Thus, I have the financial risk. He would be ...
Aaron Thompson
Brrrr Strategy( Need help)
I am in the process of reading the brrrr strategy book and I'm having trouble understanding how a person still has equity after they refinance. Lets say I get private money to fund a deal which is purchased for $75,0...
Leo Hunter
Great news! BAD news!
Hello!I have been listening to bigger pockets for a few weeks now and I think I found my first deal!!! Talk about being super excited. I ran some initial numbers and things look amazing.The property is going for 200k ...
Jason Gray
What would a HML list be worth?
Hi Group,
I have a old time friend in the Hard Money Industry who is getting out and he's getting rid of his list of 297 Hard Money lenders.
What should I offer him for this? I'm considering putting out there for me...
Andrew Jones
Hypothetical Scenario Your Opinion Wanted
Hypothetical ScenarioI pay 200,00 for a house15 years later I have paid off 190,000 of the 200,000My equity in the house is now 190,000 (not adjusting for appreciation or depreciation)I pull out 70% of what I own in t...
Dan Richter
Is a 30 year loan really the best loan for a rental property?
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
David Zheng
Two Years Old Today. Thank You.
On this exact day, two years ago, I closed on my first investment property- a small 2bed 1bath condo for 100k24 months later I'm at 16 units worth over $3.1 million. Thank you bigger pockets for everything you've done...
Slimen Rouri
Easy to Raise Capital?
I have an idea, a really good one, but will an investor value my idea?Will I be able to raise a lot of money?Or will I have to give up 50% of my company?Or how much do you give up?