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Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
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I have been around Bigger Pockets now for about a year and have been involved in the nightly rental business for 14 years. Here on Bigger Pockets I read posts from many people who are concerned about getting into the ...
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Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K. San Diego home prices have seemed high for at least 40 years, but $1M ...
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Hey guys,
So this is one of the properties I recently bought. It is probably going to be the most fun rehab I have ever been part of. I thought I share this with BP community. Pictures don't do justice to wha...
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Does anyone have experience investing in Albuquerque? I'm concerned with the high level of crime and people not paying their rents on time. Is there a certain area you suggest over others?I currently live in Sherman O...
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I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!
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There are only a few remaining markets where real estate investors can get double-digit returns on rental property. There are even fewer markets where you can get high cash flow AND high appreciation. Thankfully, we k...
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I want to start wholesaling but before I can lock the property in contract they ask for proof of funds. I am now starting to get out there and wholesale but i don’t have 200k+ sitting in the bank. How can I wholesale ...
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I'm sure I'm not alone in being frustrated with realtors. My most recent experience I knew exactly what property I was after (like most investors its just a numbers game) and figured it would be a quick and easy purch...
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I am just starting to explore the turnkey option of investing, and right away, I am having serious doubts, because it doesnt make sense. It sounds too good ....If a turnkey outfit buys a distressed property at a disc...