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Hello!I've been lurking here for a couple weeks, nearest I can figure BiggerPockets looks to be a huge resource in so many different ways. Great, great website with so many knowledgeable people. I came across the podc...
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I have a 28 unit apartments under contract in Georgia. The purchase price is $450KNow I am analyzing this deal. I have the rent roll, and I am requesting the operating expenses :Property Taxes (I already got this from...
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To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...
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I have an interesting/very uncommon situation I would love to get some comments on what you all think. While looking for properties I found an elderly man who has no family left. He never got married or had kids. He c...
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A plea to my community of Real Estate Investors: Can we drop the term "Passive Income"??? It seems to me to have negative connotations and to promote negative impressions of the business and its practitioners! I...
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This is a long post. But its a newbies play by play for finding new deals. Let me first start of by saying that I am a proud newbie real estate investor. You were once where I am now. And I aspire to be where anyone r...
This business has taught me to be frugal. As such, I have a hard time paying the full 6 percent that is standard in my area. I've sold FSBO a few times and I know that with tight inventory, rehabbed houses practical...
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OK to start out with we all know that wholesaling is one of the easiest and less risky part of investing and that's why most beginners start here. Just the other day i over heard some news from CNN,Forbes,Wall street ...
First time poster and investment real estate buyer! I am 30 years old with 2 kids and my wife stays at home. Decided to get into rental real estate to supplement my advertising sales job. Located in Effingham ILL...
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For those of who haven't read my other post, it is here-
http://www.biggerpockets.com/forums/12/topics/60255-how-does-it-work-when-the-seller-financines-a-portion-
To summarize what I talked about in that other post,...