I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...
I am looking to buy a house in a new area to fix up and flip.
Before making my bid on the house, I was trying to find a General Contractor to walk through the house with me and give me an estimate for repairs.
I als...
Just got off the phone with another Realtor who showed one of my homes. Her clients gave me an offer that was 25% of the list price.Please folks Don't be that guy. Show some respect for others & their time. This ...
Hello BP Community! I'm based in Los Angeles and am looking to purchase my first investment property with about $50K allocated. After attending local BP events and REI clubs, it seems overwhelmingly apparent that inve...
It was about this time last year that I discovered Bigger Pockets and found what I was looking for - a way to escape the boring, restrictive 9-5 life while doing something enjoyable and generating wealth. I caught the...
Hello BiggerPockets Community,I am considering signing up with Adwords Nerds (https://adwordsnerds.com/) for assistant in managing paid online marketing (pay per click, Facebook, Google/Bing/Yahoo).I have already run ...
This is my first flip and I think it turned out great, the problem is I can get it to sell. I have done "for sale by owner" and now with an agent. Had a bunch of showings when I started with the agent but it has ...