In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
Don't look now but mortgage rates have declined at an almost historical rate during the past month. Just 4-6 weeks ago clients purchasing second home or investment properties were being quoted in the 8%'s and even..gu...
I've been trying to follow what is happening on the STR front nationwide and would love to hear from BP members about what's happening in your particular city/location as far as restrictions? When we bought our prope...
I have a two family house in Queens NY 1st floor tenant has been paying up to date 2nd floor tenant has stop paying since March , spoke to him today said he won’t pay until July because of covid . Now I spoke to my a...
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet. I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
Hi guys, Was wondering if I could get your input. Our first out of state investment has been a learning experience for sure. Our PM said we'd need some yard work and house cleaning estimating it to be $800 -$1000. I s...