Samuel Cieszynski
ROI - Does loan paydown lower returns?
Cash on Cash ROI seems to be a popular metric but to me it seems deceptive. It appears to give you a temporary boost based on finding good financing. However as the loan is paid off your return becomes lower and lower...
Joshua Dorkin
We're Looking for YOUR Forum Suggestions!
We are working to rebuild the BiggerPockets forums in order to better serve our members. In doing so, we're hoping to get your suggestions for doing so.
If you have any ideas for features that you'd like to see on t...
Michael O'Connell
Job determine what kinds of financing you can receive?
Hello BP, Im brand new to BP and REI.I am currently in sales and looking for jobs, although my main focus is real estate. Does the type of income or way I'm taxed effect what kind of loans I can receive. For example d...
Jason Kim
Whats wrong with doing your own rehab on an investment?
I hear quite often on the BP podcast to not do your own rehab work and to not self manage. But other episodes contradict the other by stating the opposite. To build sweat equity and increase cashflow via self managing...
Eric Payne
Renewals: Month to Month or make them sign a year lease?
Hey guys, I was just wondering what you do to insentivize tenants to sign a new year lease after their lease is up. My thought is to say that rent will stay the same if they sign a year lease but it is subject to...
Dan Chandler
Condo vs Single Family Homes
I'm debating where to make my first investment for a rental property. I have always considered a single family but I'm now thinking a condo might be safer way to go since I'm still new. Any words of wisdom from expe...
MarcAnthony Morrison
Newbie from "The Big Cheesesteak!"
Greetings To All!I wish to introduce myself to all of you. My name is MarcAnthony Morrison, but only my sister and grandma call me MarcAnthony--you all can call me Marc, although I will of course answer to MarcAnthony...
Casey Marquette
Newbie - need advice on my strategy
I have sold 5 houses in the last 8 years. I am losing money every time I sell. I frankly can’t sit still and based on my past behavior have come up with a proposed strategy.
I just sold my condo and will be purchasi...
Viet Hoang
How do I find GCs that will work within an investor budget?
I'm looking for a general contractor in Jersey City, NJ to do a full gut renovation for a 707 sqft rental property.How do I get "Investor Pricing" vs "Retail Pricing" from GCs? The bids I'm receiving vary wildly.Bid #...
Jimmy H.
Junior and Senior Lien holders
It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.
Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k...