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I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
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Hey there. I'm wondering how you discovered BiggerPockets? This is an informal survey for a presentation I'm doing.
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For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
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I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
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Hi BP,Wanted to share a successful BRRR deal I finished recently, it was actually my first time using the BRRR strategy instead of just flipping the house and I must say I am hooked. Also, the title of this post can b...
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Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." Jim Rogers is a respecte...
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A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
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So we all agree obvious PITA applicants are to be avoided. To those more experienced out there, how do you reject them without them claiming discrimination and suing you? I'd like to tell this applicant that "I'm rent...
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Hi , I am new to real estate investing. I am drawn to turnkey for many of the reasons mentioned on this forum (spouse and I have full time jobs, kids, not interested in DIY). I have spent weeks reading many BP blog...