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...
Can anyone care to share some ideas on how to lower the risk (even if it means to lower the possible reward)? Thanks
Hi everybody,
I’m closing in a week on a house and today I spoke with my banker who said something which left me scratching my head.
First, I’m buying the property well below its value. The purchase ...
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 ...
We have all heard Josh Dorkin explain that one should set attainable goals, however I tend to lean towards Grant Cardone's method and shoot for the moon... What do you prefer?
My tenant in a lower unit is complaining that she hears the walking about, moving furniture, cracking ceiling noises, etc. Is there anything I can do to help fix this problem? She is a new tenant and other than this...
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...
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 ...
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 ...
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...