Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at leas...
Hi everyone,I love this bigger pockets thing, I learn every time I come in and participate. Now I want to learn how to motivate real estate agents. I have asked three separate realtors to put in offers for me in the...
Hello Friends! I'm a realtor working in the twin cities and I do a lot of good business. I got into real estate to pay off my student loans without really thinking too much about investing. However, the more I work wi...
So, I know this has been discussed a million times on this site. I just wanted some feedback on my strategy over the next 5-10 years or so. Here's a little background about me. My wife and I are both employed (W2) and...
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
Hi,
I was wondering (this is a question for those who have already established their real estate business):
How far out of state would you go?
Of course, knowing that the profit and everything (hotel, rental car, etc...
As part of my investing journey, I'm now on quite a few wholesaler lists and receive off-market deals almost daily.On properties I'm interested in, I'll get into the research on the property and then run numbers (work...