I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
Hey everyone! I'm desperately trying to fund a deal and time is of the essence! Here are the details of the property: Triplex listed for 155kUnits/Rents:2/1 - $650/mo2/1 - $650/mo3/1 - $750/moAll units will be empty o...
I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done...
I see a ton of fellow West Coast investors ready to pounce on out of state single family houses and people here on BP ready to sell them anything under the sun. It seems that these investors are long on money but sho...
I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
I have to admit that I was drawn to BiggerPockets in a somewhat roundabout way. You see, I'm not so much interested in Real Estate as a business that I want to get into, but as a means to an end. That end of course ...
hello! haven't posted in a long time so please be gentle...my wife and i purchased a piece of land 3 years ago to build on (for ourselves). instead of building, and due to the madness of "covid" times, we ended up buy...