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Hey everyone out there with experience investing in real estate. I am looking to purchase my first Multi family home in Fort Worth Texas. It is a 4 unit complex rented out for $450 a month, fully rented through apr...
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I have bought my Duplex all cash for $50,000 back in 2008 and took out a $20,000 equity loan to convert the two car garage into another unit thus making a Triplex in 2010. The Triplex give me at least $200-$250 positi...
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So, I'm going to paint a scenario, and I want to see what the world of bigger pockets has to offer.So lets say Bob has a property worth $270,000 in which he has $70,000 in equity. His elderly aunt has another property...
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I live in a Communist State where there is a minimum amount established by law for cash for keys. What are some tips to get a tenant to move on their own without overpaying.
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Hi folks,Real quick, I have an investment property that currently sits on 2.99% on a 30-year fixed and I have about $155,000 in equity that I would love to start investing in; mainly BRRRR's. My question to the commun...
Background:
140 acres of land, split into three legal parcels. One parcel has a home on it.
Land financing with a balloon payment due in 2017 at 7%. Current amount due is ~240k.
Land + home appraises at about 800...
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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 ...
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It took me a while to pay off my first 2 rentals. I then bought a duplex about a month ago. I want to scale my business. I am real fortunate in my life right now bc I don’t have children and I’m not married so I can r...
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I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?
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Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...