I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Ok, so this is kind of funny and serious at the same time. I work at a property management company and I do investing on the side. We recently had a very, very good tenant, one of the best we've had, so month to month...
I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
What's going on BP Family?!I'm so excited to share with you guys what I've discovered and the numbers I ran for my early retirement plan! I recently was introduced to a gentlemen's YouTube channel by a friend of mine....
Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...
Hi all!I just walked through my first flip property (yay!) with my GC this morning. He is quoting me 13k on a small master bath. I think it's too much but would love to hear from some of you. If I pay 13k for this ...
I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
I've been learning from Bigger Pockets for about two months now. I find it is by far the best place to come for expert information on Real Estate and it seems that there is no question I have that hasn't been answered...
We have a new-to-us class c quadplex in Avondale in Cincinnati. Tenant A moved in 1 Feb. Tenant B moved in 5 Mar. Tenant C moved in 7 Apr. Tenant C reported on Apr 10 that she smelled marijuana so strongly when she w...