Hi BP,In California (my local market), I'm having trouble deciding which metric to use for buy and hold investments and what I consider a "good" percentage for metrics like IRR or Cash on Cash return. I'd like your in...
Hey BP community! I just met with a lender and I qualify for a 350k mortgage (currently dont own anything). I also have 300k cash on hand and own a GC company so can have some work done at cost.I live in Maine and w...
Afternoon all,I listened to the Bigger Pockets Podcast with @Bob Malecki last week, and it's like a bunch of connections that have been waiting to be made, finally went off in my brain. I have been looking to get into...
so if your LLC, owned by your SD IRA, owns X number of properties by the time you hit 59 1/2, how do you move it out if you wanted to? (hope this question makes sense)
Hello, After looking high and low, coming across deals that are under contract and in closing by the time I contact the real estate agent, I have found a nice duplex in a decent area for a great price. I have been sav...
This was a project I did with an out of town investor, the house is in Jacksonville, Florida and he lives on the west coast. Originally he was reluctant to buy the house. It was under contract 2x. He almost talked him...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...
Hello All. I am considering buying MF property with septic system. In both units family with kids and I worry about controlling stuff that can go to sewer system. The house is 45 years old. I do not know the condition...
I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...