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hey BP members, I have a property that has a sale price of $45,000 and they are selling As Is. Am I correct in my assumption that I need to basically do thorough research on this home because there my be some issues u...
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Doesn't have to be real estate related! I just want to hear what life's big lessons have taught you, and how I can learn from it. Some of my background:I live in Las Vegas, NVI have a girlfriendI read a lot and I try ...
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I see the signs on the wall of a slowing economy, but I'm not seeing a huge drop in prices at least in NYC. What is everyone seeing across the country?
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Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
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Hello everyone!
*TLDR at bottom*
IntroMy name is Damien and I’m excited to have recently joined the BiggerPockets Community! I’ve just recently been introduced to real estate investing and Bigger pockets by a frien...
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Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
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Five years ago I began my journey as a real estate investor. Since then I have also branched out into other assets such as angel investing, note investing, and fund investing. In comparing common "real estate dogma"...
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Hello ladies and gents of bigger pockets.I paid too much for my first house, and now am regretting it. Escrow closed this March, and I'm almost done rehabbing it; my out of pocket expenses (closing costs + rehab + mor...
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Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
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Hi. My name is Mike Kohan, I'm a husband and father, a career helicopter pilot and now real estate investor. I started investing in real estate 5 years ago with a lease/option purchase close to home for a tenant, wh...