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So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
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With all the negativity out there about coaches and programs I wanted to take a second to say something about Tom.I totally love this guy!!! Tom totally changed my wholesaling operation in 4 months.He broke it down to...
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If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
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Hey guys my name is George and about a year ago I posted on BP in regards to a 36 unit development that we finished in Moultrie GA. We built it for around 1.5 million, post construction Refi appraisal came out to 2 mi...
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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Hello everyone,I see something pop up all the time when talking about allowing pets on your property. Someone always says "Except if it's a pitbull, keep those away"Now I understand that "dangerous breeds" can bring h...
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Hey @Bob Beach and @Xiao Xiao here is the post I promised. I am happy to talk more about any of this at any time. I am traveling at the moment though so you can also fee free to reach out to Ken Klingler or Jack Inm...
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***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
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Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...