I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...
I have been reviewing the suggestion for creating a buyers list. I have seen some very good ideas.
I am thinking about gathering all the suggestions and making a list of the top ten (maybe more) and posting back t...
So we have been actively looking for investment properties for 2 years now. Fortunately we were able to purchase one and are in the rehab process. But even getting the first one took finding 3 realtors. So here is the...
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?
I have tried to figure this out but I get lost in the details. I have a couple of houses that I have had for over 10 years and a couple for only a few. I'm trying to figure out if its worth keeping them that long or...
Good day Biggerpockets,I apologize if this post is lengthy. I think full context is helpful to receive thorough feedback. I live in Florida and am a licensed real estate agent. A year ago I had the observation that ...
My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...
Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...
Hey there,I want to build a fence around my owner occupied fourplex. I watched a neighbor put up a beautiful 6’ privacy fence and hoped the contractor would put up a sign. They did so I called it. He came out and gave...