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I have an 8 unit apartment building under contract. I already negotiated the sale price. We had our home inspector and also had our U&O Inspection’s (heat, chimney and electric). We found about $6000 in items that...
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Hello, I’m finishing up on a property and will be ready to refinance the property to pull my investment out. Originally I was going to do a cash out refi with the loan officer at a local bank, but I found out about le...
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Hi everyone, I live in San Diego. I own my primary residence and I am just getting started in real estate investing. My parents are about to retire. They didn’t save anything for retirement and will be living off SS c...
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My name is Michael Goodman. I am a newbie to real estate investing in Indianapolis, IN. I have been reading, listening to podcast, driving neighborhoods in my farm area, and attending Meet Ups and REIA meetings. Askin...
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Hello BiggerPocket Friends,I am in Charlotte NC and have been looking for a house for over a year now. I am in the $300-$475 range and have had the worst luck when it comes to trying to secure a house. I have been out...
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Hello BP ers ,My name is Eric Helbock. I have been investing for a handful of years and I feel like I’m starting to do well with investing in real estate. I’m not ready to quit my day job yet but I am making almost al...
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Good morning everyone. I am fairly new to the community, and have been definitely stuck over analyzing instead of acting. Between the interest rates and cost of houses, I have been very hesitant to pull the trigger,...
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So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...
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Hi Everyone, Mike K. here. I am a new member with no experience in real estate. Interested in learning more about real estate investing.
I would appreciate feedback on the following topic.
I may be sell...
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What is IRR?? How can I understand that complex formula?? I know that it is a rate of return that factors in the time value of money, but still don't get it.