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I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
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Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
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Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...
***June 2020 NEW UPDATE***: As a follow-up from my deal in contract below, I am thankful we are still in contract due to Covid-19. But now, the Buyers want to renegotiate a lower purchase price significantly reducing ...
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Hi, My brother and I are looking to invest in our first property. I currently live in Miami, FL and he lives in LA. We are open to long distance investment. -Our capital is around 20-25k and we both have a great credi...
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Cash on Cash Return on Investment (COCROI) is a very common metric that re investors use to determine the projected return on a property, and is expressed as a percentage. It is the measurement of return on the total ...
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Hey guys!I just wanted to write a quick post about the FHA/USDA flip rule. Somehow I had never heard of this before and kind of stumbled on the info while talking to my lender how some of the flips I'm doing (thank g...
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Hello BP!I've started posting all of my previous flips, now that I feel like I've completed enough to actually have some good original content. I hope that by sharing we can all learn, network and discuss this interes...
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Hi Bigger Pockets!I’m very curious to know your lowest priced property and how you managed to acquire that deal? Did you trade creativity and work for a better price? Looking forward to these responses.. Thanks!
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Announcing the BiggerPockets Conference 2019!!!
It's been 7 years since we had our last event.
This Conference WILL sell out!
While our final agenda is still coming together, when it's finalized you'll be the fir...