On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...
With the rent to price ratios so high are we at a disadvantage? This applies to 1to4 Fam and larger commercial deals, also with very low cap rates. There must be an upside. Any ideas?
What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
I'm a month into house hacking my 3 unit and I can't get people to rent because of the crowd of random people hanging out on the side walk between my place and the liquor store just north of me. I never saw anyone out...
I frequently hear/read that large multifamily properties (i.e., apartment complexes) produce better returns than SFH or small multifamily (2-4 units) properties. I just can’t see it in the numbers, as I can figure the...
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 ...
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 ...
Hello everyone! I have an opportunity to potentially do a BRRRR deal where the current owner of the property funds the whole rehab (refresh 2 bathrooms and a kitchen) and I pay him back when I do a cash out refi. Afte...
So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...