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I am looking to purchase a large home in my small community. Most insurance companies are wanting to insure it at a minimum of 80% of the rebuild cost. The home is only worth 150k once fixed up but would cost close to...
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Business is about systems. One of my favorite books is E-myths. The book preaches “working on your business not in your business. One of the most tedious low value parts of real estate investing is skip tracing which...
What is a typical cash position that you should maintain as a landlord to have for repairs, emergency expenses, buying opportunities, renovations, etc? I am looking to purchase my first rental property. I know what I...
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Hello, I wanted to reach out and ask for the advice of other investors in the twin cities area what their target percentage for a Cash-on-cash return is when they purchase rental properties. (Specifically small multi-...
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What is PMI? PMI, or private mortgage insurance, is a lender's protection in the event that you default on your primary mortgage leading to foreclosu...
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Can someone give me a good example of how someone could overleverage themselves in Real Estate. I just don't understand how this could happen because wouldn't the bank see that and not loan you the money for the deal?
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As a passive investor all I can say is thank you! Finally a book specifically for the passive investors with actual examples, going through the terms, different structures, and giving a perspective from the passive in...
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I'm considering joining into a partnership with a property manager/realtor to buy/sell/rent property. He wants to form an LLC, in which we are both officers. I will provide all the funds to purchase and fix the pro...
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I am sure this is a pretty basic question with a straight-forward answer, but I have thought about it too much and gotten myself confused by my own thoughts.
When purchasing a rental property, it has been standard f...
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Hey bigger pockets family, I'm a wholesaler and I'm bout to get a property under contract. The thing with this deal is I know it'll be a great rental property because of the area. I want to know should I use the same ...