If you could borrow 50k for 5 years at 8% simple interest with monthly payments or 50k and 9% compounded annual interest, with no payments until one lump sum at the end of 5 years, which option would you choose and why?
Has anyone used piers under slab foundation to stop settling and floor-leveling concrete to level the floor?
I've realized that my carpet is way behind the Woolite carpet stain remover stage. But, I'm also not going to replace the carpet right now. I tried vinegar/baking soda, dollar store cleaners, and Woolite (worked, b...
Hello BP,I'm currently listening to Podcast 108, in which Grant Cardone, Best-Selling Author of the 10X Rule, is being interviewed. It's crazy that I haven't heard of him before this. I love his story and how much ent...
Hello everyone. My name is Jesse Thompson and I’m new to biggerpockets.com as well as real estate investing. My new journey started about a month ago when my wife passed her real estate license exam and became a realt...
Numbers Do Not Tell the Whole Story
Simply relying on “the numbers” can get you in a lot of trouble. There is always much more to the whole story. Do not neglect target market, neighborhood, and local employment/empl...
Hello Biggerpockets Community!My name is Jordan Drinkhouse. I am 25 years old. I believe I got my introduction to financial freedom like many of you… wait for it…. Someone recommended I read Rich Dad Poor Dad. From t...
I bought an out of state property and have about $50,000 left to pay off for the loan. Anyone know if paying 1 huge principle payment at the end of each year would pay it off faster verses bi weekly payments?
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.O...
For intents and purposes, assume you have a $100k starting capital, what is the fastest way to reach $1M in the bank? Background; I am interested to learn if I am going about my rental business the right way, or if th...