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We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
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I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...
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http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
Hey BP,
First time posting here. I have a rental in North Minneapolis and am wanting to get some advice from more experienced landlords as I have only been doing this a few months. I had a family move into the unit ...
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https://nypost.com/2023/03/08/...
Black family sued appraiser in Marin, CA matter. From the article, "The case has now been settled out of court, with appraiser agreeing to pay an undisclosed sum of money to the coup...
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Hey folks, I'm working on a blog post for BiggerPockets called "How to Find a Great Contractor" and I'd love some community input!So... how do YOU find good contractors? What's your best tip? (answers may be used in a...
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
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The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
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**Hopefully some motivation for anyone just starting out.** I posted this on the BP Facebook Group and was asked to post it here as well.Growing up we never talked about money. It always felt like a taboo discussion. ...