At the age of 18 (2005), after working hard during my mid-teenage years and saving well, I bought my first property in cash. That is when my first real estate blunder occurred; despite that I bought it with cash dire...
So I have done a lot of research/reading in evaluating a multi family for buy and hold such as determining cash flow, cap rate, cash on cash return utilizing the 50% rule for expenses and pro forma numbers. I am ju...
A large majority of people new to real estate and wanting to make some aspect of real estate their full time “career” get it all wrong. They’re misled by the hype from the “cult” created by would be mentors advertisi...
Hi BP friends.Super excited, just today I received my pre-qualification information from a lender. Although I wasn't particular worried about being approved, I am a bit shocked at the numbers. I'm wondering if anyone ...
Ive been listening to the bigger podcast for a long time and love the content. There are so many unique strategies and techniques to real estate investing and that is one of the main reasons I am drawn to it. To giv...
Hello All,
I have an 8- family apartment building in New Jersey and I currently owe 600k and it has recently appraised at 900k. I have and continue to work on different CAP X Improvements, including new roof shingle...
I have recently entered the real estate industry, I have so many questions! I would like to start out by saying I have very little capital. Although my capital is growing, my position puts me aimed towards the creativ...
As I consider adding another property to my investment portfolio, I'm wondering - What do you consider "good" cashflow for a property? Personally, I'm considering the purchase of a unit in an area I'm very familiar wi...
-first time home buyer, looking to buy in Medium sized Metro area, 2-4unit property to live in one and house hack, then move out after 1-2 years.(Question)How much I should aim for in reserves for a house hack after m...
What are some of the pros and cons of paying off the mortgages of a few of your rental properties? Thanks!