Hi there BP friends. Been reading Brandon Turner's "Rental Property Investing" book and I got stuck on one of his examples. In chapter 5 he lists 4 example plans on how to use REI to build wealth. I'm confused about h...
This weekend a friend and I were talking about when we would be millionaires. He started using the Dave Ramsey calculator to determine how his IRA and 401k would grow. We realized real estate should be a part of the c...
I'm just getting started in CRE research and am focusing on understanding traditional financing. From what I understand so far, the asset matters more than the borrower's income BUT many lenders have a "net-worth" req...
What do you consider a good net profit or " home run" ? I'm thinking of selling. I know that there are many variables such as ROI, COC, time/duration, percentage, CAP Rate, etc. Looking for a number dollar figure. I w...
Hi,I'm about to place an offer on a 4plex in Longueuil (off the island of Montreal). Being my first plex, is a NIM of 15 considered a good deal in your opinion? Appreciate your help on this. I only invest in Mortgage ...
Hi all, glad to be here. I have one rental property and just getting into RE investing, and after evaluating several various niches, I’m really drawn to the BRRR method.Question: How can one (really) quit their day jo...
Hi,i was trying to find an answer to this question, but nothing came up in BP or google. Here is the situation. I have invested in a couple of syndications and then I started wondering how is my net worth calculated. ...
Hey BPers -I just listened to the excellent podcast show #327 where @David Greene lays out all of the details of the BRRRR strategy. It is clearly a powerful strategy that has worked well for him and many others but I...
Hi guys, My name is Gil and I am an Israeli nature and wildlife photographer. I travel the world on a low budget for the past 6 years with an intention to keep doing so as a lifestyle. My sister lives here in New York...
If I were to be the net worth for new investors in a commercial property, how does that effect my personal future real estate investments, my DTI, etc.? The new investors are my sister & her husband; they have gre...