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First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
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Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...
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Hey Bigger Pockets Community!My name is Josh. I recently graduated from UC Berkeley with my degree in business and I am currently working as an Administrative Assistant for a construction company. I’ve been interested...
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My home city of Sioux Falls, SD made the list for the best city to flip houses according to Wallethub. I will admit that I never heard of Wallethub before this hit the news. I was surprised because our house prices ar...
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West Philadelphia born and raised, on the play.. you know how it goes. This is my first post on bigger pockets and I’m Extremely excited about real estate investment in my city. What I want to know am I jumping the gu...
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Hi everyone! I've been following BP for about 6 months now and finally decided to join. I'm a machine repairman for a steel factory in Detroit. I commute 165 miles round trip. Been doing it since i graduated high scho...
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well actually $6.4 million according to this Charles Schwab wealth report on the San Francisco Bay Area. Which matches my sentiment that you need about $5 million to begin feeling like a true "millionaire", which I de...
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Hello allMy wife and I are new to STR and we have been analyzing properties in several markets the last 2 months trying to find the right one to take action on. We were under contract a few weeks ago in coastal NC but...
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Hello all,
I am in process of making an offer on a SFH in Northern New Jersey but am struggling finalizing the offer.
I want to offer 90% of appraised value with the seller holding a 30 year 6% note for me.
What ar...
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Hello All,I own a townhouse in Las Vegas. It was my primary residence since 2011 and it has currently been a rental property for the last 6 months (I moved to new construction). I bought the property for $105,000 an...