What can you do to start building capital that'll allow you to buy your first property? How much did you build up before buying your first property, and what exactly did you do with it after? I'd like to hear any idea...
Hi BP,So i just passed my school and state exam in long island,The reason i did this was to become an agent so when i do flips i have access to MLS and i can use the buyers commission as the flipper to pay buyers comm...
Just finished the 100th Podcast!! First I just want to say that the BiggerPockets team did a great job with the podcasts and I really enjoyed listening to every interviewee. My goal is to catch up by the end of the y...
February, 2015 housing starts are down 17% from January to 593,000 units annualized, which is essentially the same as February, 2014 which had 589,000 housing starts annualized.Unadjusted non-annual starts:February 20...
Good Evening,
I have run into the roadblock of trying to find a bank that will open up an business account - with an LLC that is owned by a self directed retirement account. Unfortunately when the two LLCs were for...
Most of the Flippers I know use a "shares" method with their PMLs where they sell 1000$ shares of the flip to multiple investors. The investors are paid back their original investment and a profit (Sale price-project ...
Over and over I hear the BRRRR method, but I consistently stumble over it and grasp it a little but then the fundamentals are washed away by wordiness. Could someone write a small list of each step. I don’t need much ...
ive been pondering on this for a while. I understand the idea behind this and how you come up with your numbers. However the thing i have yet to grasp is how do you get paid for jumping in the middle of the deal? W...
Hello!!! Just thought I'd say hi and let you all know how informative your forums are. Hopefully I'll be the guru in 12-18 months and passing the info on to the next newbies!!
Just want to verify I have a good grasp of this subject. You always adjust the value of the comp, never the subject property.
If the comp is superior to the subject property, subtract
If the comp is inferior to the...