Dennis O'Banion
Is break even or less on rental ever ok?
Looking toward retirement which I would like to begin in 10-12 years, I am two years into my first rental in Denton TX which is returning around 11.5 ROI% and $360 per month cash flow after expenses on a 30 year note....
Brandon Espino
1st Fix and Flip in the books. Hard lessons...
Investment Info:
Single-family residence fix & flip investment in Colorado Springs.
Purchase price: $285,000
Cash invested: $5,000
Sale price: $445,000
UPDATE: old it $450000... The GC that o...
Geoffrey Buscho
SBA(504) Loan Lessons Learned on Commercial Real Estate
Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
Richi Brown
A lesson learned on pivoting from a FAILED MTR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $35,982
This deal was a fun one to execute, Im a traditional LTR Buy & Hold investor and...
Melanie Stephens
Seeking “Biggest Mistake/Lessons Learned” Stories for BP Magazine
Hello BP Investors!
I am looking for stories about your biggest real estate mistake, and what you learned from it, for BiggerPockets Wealth Magazine. If selected, your story, name and company will be featured in the ...
Derek Daun
Termite lesson - recommendations on a pest company in Sacramento?
I learned my lesson in not taking chances with termite evidence. I bought a property in November where the inspection showed evidence of drywood termites. We got a seller credit towards treating the issue at closing, ...
Greg Wempe
First Lesson Learned - Have "Cash" In A Hot Market
Found what I thought was going to be a great property for my first flip. Got in it five hours after it hit MLS, walked through with my realtors (both of whom have rehab experience), ran all the numbers, and it looked...
Jeff Tumbarello
Preventing Real Estate Syndication Failures: Lessons from the Frontlines
Some basic things to factor in:
Who is the syndicator?
You are giving up control to this person
Fixed-rate debt or at least rate caps?
Does the syndicator have skin in the game?
Who holds the funds?
Do the rents...
Akshay Bhaskaran
Would like to learn practical lessons from Investors here
Hi,If any of the investor here is doing a BRRR deal currently in San Antonio or Houston - requesting a small help from you.
I would like to learn the entire strategy from start to finish on how you find the property,...
Akshay Bhaskaran
Would like to learn practical lessons from Investors here
Hi,If any of the investor here is doing a BRRR deal currently in San Antonio or Houston - requesting a small help from you.
I would like to learn the entire strategy from start to finish on how you find the property,...