We all know that it is hard to find a great multi-family deal in today's market. It's better to "make one". We have bought multiple small apartments 10-20 units, that have had upside potential with room to increase ...
Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
I have always been a contrarian (not a speller)but the danger is to take a position too early.
While my Texas friends are raking in the money in their market they are taking that market out of my reach
Just as in...
Good morning all (PST), I am going to start by saying, I am so happy I have found Bigger Pockets and everyone in it. I have been reading through all the forums, attending webinars and listening to the podcasts. Thorou...
Hello all,
I am located here in Dallas, Texas and attended a free introductory seminar from Lifestyles Unlimited REIA last night. I enjoyed listening to what they had to say and the speaker was very informative.
I ...
Your First Year as a Real Estate Investor:
From:
Matt H
South of the North Saskachewan River
Tuesday 5:37 a.m.
Dear Friend,
It's way too early to be up and writing to you...
But in a few hours I'll be working on s...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
Hi,
I've been reading these forums for a little while now and have learned a tremendous amount in the short time I've been here. I was wondering if anyone could help analyze my first RE deal?
I put a 4 BR/1.5B hous...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...