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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 ...
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I my area of Appalachia, mobile homes are pretty standard. Unfortunately mobile home parks can be super small, haphazardly compiled, and in great disrepair--but not for sale. This area is not a beautiful, tourist area...
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Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
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I have always been a contrarian (not a speller)but the danger is to take a position too early.
While my Texas friends are raking in the money in their market they are taking that market out of my reach
Just as in...
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Good morning all (PST), I am going to start by saying, I am so happy I have found Bigger Pockets and everyone in it. I have been reading through all the forums, attending webinars and listening to the podcasts. Thorou...
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Hello all,
I am located here in Dallas, Texas and attended a free introductory seminar from Lifestyles Unlimited REIA last night. I enjoyed listening to what they had to say and the speaker was very informative.
I ...
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Your First Year as a Real Estate Investor:
From:
Matt H
South of the North Saskachewan River
Tuesday 5:37 a.m.
Dear Friend,
It's way too early to be up and writing to you...
But in a few hours I'll be working on s...
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Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
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This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
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Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...