Hello everybody! First of all I hope everyone is doing great. My name is Terry and I am currently a freelance app and web developer looking to get into real estate. I have the drive, yet the overconsumption of real es...
Good Afternoon Everyone,I am interested in purchasing notes both perfroming and non performing. To me it seems to good to be true. My main questions, without sounding to naive, once the note is purchased Do i have a ...
What is a “Hard” Money Loan?
There is apparently, a lot of misunderstanding as to what is meant by “hard money”. Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages...
I have a lead/potential deal in another state. I was told I should have a contractor visit the property on my behalf to give me an accurate rehab estimate and a property manager to find out about market rent in the ar...
Hi bigger pockets community! I’ve gone through some of the previous posts on investing in STRs in Mexico but still feel unsure whether this is a good option for me. For background I own two properties in the SF Bay Ar...
What are the essential metrics and formulas you use to analyze potential deals? From cap rates and cash-on-cash returns to net operating income (NOI) and internal rate of return (IRR), how do these numbers help you un...
I have a question for investors who are experienced in both "Subject To" and "Wraparound Mortgage" deals.
I have a guy who wants to mentor me in the following investing strategy:
- Put a house under contract for a ...
I just read this article
http://fieldguide.reitactics.com/articles/if-you-wholesale-protect-yourself
and it talks about how if the investor that we assign the contract to screws up/goes bankrupt then we can be sued by...
Wholesalers can be very beneficial when trying to locate a potential investment property. When given the wanted location, price range, kind of rehab, exit value and strategy most wholesalers are able to find the right...
Thought I'd share a lesson that was reinforced for me today that ended up saving me from doing a bad deal and losing a bunch of money.tl/dr: make sure that you're getting your own estimate from YOUR general contractor...