Hello awesome Bigger Pocketers, major Newbie here! The question is related to calculating equity. Let's say I put 20% down on a $100K property so now have $20K in it. The question is:If I put in an X amount of $'s int...
Have opportunity to purchase an old (built in early 1900's) 7 unit apt building. gross rents 4150/mth plus 500-600/mth from laundry and garages. Owner pays gas & water = $7000/yr, tax 1740/yr, ins 1740/yr, bui...
Hi Folks, Last few years I just added up my general business expenses: education, technology, subscriptoins etc, divided by my number of Sched E houses and added an expense called General business expense onto EACH h...
What's the most you've made flipping a house, including all the rehab and legal costs?Please give some details for the rest of us - what kind of house was it and where?
So I'm browsing the MLS (Why not?) and find a property listed pretty low for it's neighborhood. (What I'm looking for). The description says its being listed low because it's a fixer upper (What I'm looking for!). The...
This is a hot topic for most bass fishermen. Although there is no real evidence that cathing bass on beds diminishes the spawing ability (that I can find), I find it hard to resist the HUGE females that are in plain s...
What is your biggest struggle in the Note business? Whether you are just getting started or have been investing in mortgage notes for decades, we all have our struggles. What are yours and what are you doing to improv...
Hey Guys and Gals,I just wanted to start a poll of sorts. I am interested in how many of you hire an inspector to check out investment properties before you buy? For fix-and-flip, do most folks just ask their general ...
Just curious. I'm new in m journey and on a budget. I've spent the last year or so learning everything I can. I'm finally confident enough (and finally got my wife on board) to start making moves. I'm on a budget,...
I have recently targeted absentee owners and had a great response rate. The only issue is that they were not very motivated at all just interested in hearing my offer. The ole "I might sell if the price is right" whic...