After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
I am in the process of renovating a rental property and I need to replace eight windows upstairs and one window in the basement.I have contacted four contractors to come on Monday and Tuesday to provide a price for in...
I am working with a good Realtor and I make offers well above asking. I just lost out on another offer I made. It will be interesting to find out the winning bid upon closing. The house before this I made a cash of...
I've been interested in real estate for over a year. In that time I have read God knows how many books. I have "partnered" with a friend who has hard money connections. I've been going through the pre-foreclosures f...
Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
I am a relatively new buy-and-hold RE investor at age 24 who is looking to make a career transition and who needs some advice. My long-term goal is to go full-time as an investor, but in the short term I of course nee...
We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...
How would you invest one million dollars if it was given to you free? Why would you invest that way?
By responding here, you're allowing us to print your name and response, if chosen, in the next issue of BiggerPoc...
Obviously there are plenty of threads discussing the SAFE Act and how they impact Lonnie Deals. I understand that these laws may differ from state to state but my question is a simple one.
I'll make an overly simple ...