I ran a NPV and IRR caluclation of Fundrise's expected returns for my $1,200 (assuming $100/ month contribution) over a 5 year horizon. The NPV was negative $1,898 and the IRR was 1.02%. A negative NPV means BAD DEAL....
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Hi Everyone, I recently purchased by first investment property and it is going to be a piece of work! I am going to be basically rehabbing everything including electrical and plumbing. My concern is I do not want to ...
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Hey BiggerPockets Community! Writing today excited and inspired as we just recently completed our first project ever in Memphis, TN and I just wanted to share the details with everyone here...while this project ended ...
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So I purchased a deal off market on a 20-unit multi-family property.
Rents were $500-$600/unit whereas I rent them out Mid-Term for around $2,000/unit (market long term $900)
I only had the funds to close + turn/fur...
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Hi Everyone! We're looking at a small house that looks like it may be a good 1st flip but it has no A/C system at all. This is in St Pete, FL. Any estimates on anything like this that anyone has done before as it will...
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I met with a guy yesterday who is selling a house in St Louis. He has completely gutted the house, roof is only 1 year old, inside is just studs. There is a "newer" electrical panal, but that is basically it. Will nee...
We bought a gas dryer for a new property acquisition on the 10th. Lowes at the Waterfront totally screwed up both the service address (they gave the installer our home address) and the phone number (they gave the inst...
Check out these before and afters!
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Hello Everyone from Cleveland Ohio!
My name is Adam - I am 23 and I want to become a successful real estate investor.
I graduated from Kent State in 2010 and instead of doing finance, I started my own internet bus...
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@Chris McClatchey, I am interested in getting this program, but it is quite an expense for me. I am a complete and total beginner and I work 60 hours a week so I want something at home. I'm wondering, if I purchase th...