Today BiggerPockets Crossed the 500,000 Member Milestone!I can't put to words how much that means to me. Thank you to everyone who has become a part of the amazing BiggerPockets family. I'm so proud of our staff, mod...
I love this. All of Wall Street is getting bailed out by the taxpayer. Why? Because they have “toxic assets.†Since we are abandoning free market principals (government bailing out all so called “capitalist...
Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
Real Estate is so freaking boring… and yet that’s all we talk about. Why – is it because this is all we are interested in?How about the meaning of life – would you engage in a conversation about the meaning of life? H...
So I'm a little bummed out tonight. I've been looking for a home to rehab and I found the perfect house for my first flip. LP is 39,900 (foreclosure) AVR= between 88k-100k. Only has cosmetic damage and i estimated abo...
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
I have a pair of duplexes. In Pennsylvania if that matters. One causes no problems. In the other, the downstairs guy is shaky but at least he tries to keep his rent paid. The upstairs guy, who I'll refer to as "Uu...
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
HELOC or Cash out Refi? This may be a dumb question, but just wondering which one is better to use? Which one is a cheaper way to do it, or are they basically the same thing?I currently owe $176k on my primary resid...