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If you are choosing based on cash flow and on two different scenarios, which route would you prefer.Scenario 1- Which path would you choose if each space is operational and upside is in the management inefficiencies.S...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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So I recently acquired a triplex on an FHA loan, and I am planning to remodel the unit where I will be occupying. I received three quotes for my remodeling project, but I am having a bit of a tough time trying to deci...
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I'm in Wisconsin and I have a tenant that will be moving out of apartment in a few days. As we get closer to them leaving they are getting more hostile and keep threating legal action unless they get 100% of security...
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I have been following the "Is it possible to get rich" thread, and I got to wondering, "What is my number?" I think we all have or should have a number/goal in mind to think we have it "made". I know it is always said...
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I want to buy my first rental property but I'm wondering if I should wait until the crash that is supposedly coming. I'm worried that if I buy now, my property will end up being worth half of what I paid after a few y...
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Hey BP, I have been looking into doing the SUB TO creative finance mentorship with Pace Morby and was wondering if anyone has completed it or knows anyone who has been apart of it. I have heard a lot of good things ab...
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Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...
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Real Estate Myths. I am glad my Mentor @Karl Krentzel is willing to tell me the truth so I can get deals DONE. Her are a few myths he helped me DEBUNK1) Myth #1 Realtors mess up deals and are a waste of time.False - ...