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I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...
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Hi Everyone,Just Curious is anyone picking up property in Detroit? if so why? if not why?
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Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
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I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
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A Formula For Beginning Real Estate Investing
Passion + Planning = Momentum : A Formula For Successfully Beginning Investing
You don’t have to see the whole staircase, just take the first step – Martin Luther ...
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After months of creeping on Biggerpockets.com and listening to countless podcasts during my morning runs (Great idea for those that run), I've negotiated a deal and now have my first property under contract. 3 Bedroom...
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Hi, BP!Need your advise, please. I will provide as many details as I can so you can get a full picture of where I stand and where I think I may get if I go through with this plan.(1 USD = 20 MXN for a quick conversion...
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Hello!
I'm an experienced industrial real estate investor, but a completely inexperienced potential short term housing rental investor.
We recently moved from Los Angeles to Flagstaff, Arizona. We kept our home in ...