Edward Dandrea
30yr fixed refi lower rates against a portfolio
I found a portfolio to purchase that I believe will be quite lucrative we’re talking 22% cap rate! The owner will finance me 1.8million of the purchase price but 15year 10% for 5 then 12% then 14% for the last 5.I’m a...
Antonio Bodley
Should my offer price be higher or lower?
I found someone with a home for sale. It is a nice 3 bed 1 bath home in great condition. There are hardly any repairs that needs done to the home. I asked the owner how much repair work is needed on the home if any. H...
Daryl Arias
Ideas to lower risk on first house flips?
Can anyone care to share some ideas on how to lower the risk (even if it means to lower the possible reward)? Thanks
Dan Johns
Exchange from High value to Lower value RE
My wife and I have been following Bigger Pockets for the last couple of years including a few podcasts. I’m writing because I need a sounding board. I’d been involved in REI a number of years ago and in the 2008/2009 ...
Justen Ashcraft
Lowering rent for tenant to maintain status quo
Let me know if anyone else has done something similar.
I have a property in a c class neighborhood, and I had increased the rent on this door to $850 a month last year. Found a reasonably good tenant with 2 children,...
Joshua Lenart
Asking Price significantly lower than previous purchase price?
I have been noticing lately that there are some properties that have an asking price that is millions less than previous purchase price. For example, a property I am interested in was purchased for $6.8 million a few ...
Ryan Gravel
CAP Rates - Why are lower CAP rates better?
Hello real estate family, I have done commercial real estate and landing banking in Mexico (Riviera Maya) for 12 years and now I am getting ready to move my portfolio to the US (I´m from Rhode Island originally) into ...
Alex Moazeni
Rent decreased even Lower than last year lease
Hi.I have a rental in McKinney tx.I rent it out back in 2022 for $2300 and the increase it on 2023 to $2400.It's been the same tenant and it is time for renewal. She is asking if I can do $2200 and if not she will mov...
Tyler Huntington
Higher property tax rate vs lower cash flow
First post in the forums so take it easy on me.My question is.... Say a property returns 10% cash on cash, which to some, may be low.Said property's tax rate is 2.5% purchased at $200k or $5,000 for property tax. Say ...
Kin Lay
Game: Lower taxable income through real estate investing?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...