I live in Long Island, NY, where hideous shacks cost half a million and only rent for $2000 a month, so I am excited about investing long distance. (My first investment duplex in NY metro is cashflow negative-I hadn't...
I recently found out about a real estate investing mentor group called Lifestyles Unlimited based in Texas and decided to do some research on it. I came across a thread on this forum about the company from 2008 and ve...
Hey BP community,Are there any satisfied buy and hold mobile home investors out there? Why does this niche seem so uninhabited? With $50K cash, we recently purchased and rehabbed 6 mobile homes, five of which are in a...
I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...
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...
Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Investors and homeowners, let us know: What do you wish you would have known when you bought your first property?
By responding h...
I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....