Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Not my first post about buying out of state but I am perplexed. Why all the hate towards “turn key”? To be more direct, if it meets the bigger pockets guidelines/numbers, what’s the problem?And if you can resist, thi...
This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...
My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...
When I first started out in this biz, I read a ton of books, attended a ton of seminars and paid for training/bootcamps from the gurus (my only real mistake). After having a solid foundation under my belt as far as ed...
I am a member of a private email group that is realizing the potential of how I envisioned a due diligence website would help investors. The plan was accredited investors could share due diligence on crowdfunding deal...
Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?