Account Closed
What are the typical terms for a hard money lender?
I've been thinking of possibly finding a hard money lender to do a fix and flip, but I don't want to get ripped off. What are normal terms of a hard money loan?
Peter Thirawankanok
Common Investing Niches
Hello BiggerPockets!I am a fairly new investor from Illinois. I want to connect with other investors from different markets that I am interested in getting started in. My main goal is to develop a portfolio of renta...
Victor U. Mbah
As an investor how do you feel about bandit signs?
Done a dozen stick built wholesale deals and finally started purchasing some lots. Starting small with mobile home flips. Several of my deals have come from bandit signs. Is it worth it or should I be spending more ti...
Kyle George
Need advice on REO offer/price difference
My wife and I are looking in to buying our first home (we currently live with her father) and have heard that a forclosure would be our best bet for a good deal. I've been looking on some forclosure sites and have fou...
Elizabeth Sky
Hello from the Finger Lakes of New York state!
I have lived in an older duplex, in the country for over 4 years now. My landlords are coming over to talk about me purchasing the building this evening. The property was assessed at 105K this year. My landlords threw...
Steven Segal
Flooring in Low Income Housing
I have a couple lower income houses. Carpet seems like a losing proposition. I have heard good things on vinyl plankQuestions:1. How does glue down keep up? Do corners come unglued easily?2. Do people prefer glue down...
Brad Johnson
NNN Dentist Office
Anyone have any experience investing in single tenant NNN medical offices (ex. Dental Office) and pros/cons vs buying a similarly priced 4-6 unit multifamily property. Assuming CAP rate is identical and neither proper...
Kim Bowman
Kansas City investment
We currently own real estate in Colorado Springs, CO. However, our market is becoming to expensive and cash flow is not that great in this market. We are in the beginning stages of looking for property in Kansas City....
Christopher Munn
Is This The New Normal?
I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Annette Barnett
Which market? and how to find best deal for cash flow, appreciation, good tenants
My situation: Single family home under contract - closes Sept 7th (26 days), doing 1031 exchange, will have $275K-ish, wanting to move into multifamily.Quandary - I want to buy in a strong market, have great cash flo...