Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...

One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...

I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...

Hi all, I'm a new member here, I've been wanting to own rental properties for a while and finally, I pulled the trigger and now in the process of my first rental!! After I sign the contract, I feel like I'm getting cl...

A lot of people want to use REI to escape their 9-5 and replace their W2 income so they can live the life they want. That leads to the reasonable question 'I need/want $7/10/15k/ month in free cash flow(FCF) from my R...

Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric.  It is also one that is more commonly used in the comme...

She has been there a year and a half and on multiple occasions has been demanding and rude to me. She’s also a former lawyer for the FBI. She is very demanding, and kind of high-maintenance. But she always pays her re...

I need a radio show. I'm getting too good at this.

The day before yesterday I was attacked for making the assertion that the many of the roots of modern liberalism (in both parties - liberalism is not just about Dem...

Hey BiggerPockets family!We'd love to see (or hear) about your worst home renovation fails, and how you were able to fix them :)Sometimes you learn the most from someone else's mistakes --- and sometimes you just need...