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Hey guys, I am talking to a mom and pop owner of a 27 lot + a 3 bedroom house. Here are the details:17 lot rent only at $1754 financed properties by current owner - $175 lot rent plus remaining balances of $26600. Pay...
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Hello there!
Quick shot in the dark to anyone with more experience than I do! My wife and I would like to buy a multi-family, but we do not have a bunch of cash to put down! We own our home, about 80k in a 500k loan,...
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I come from a data science background, so I'm accustomed to creating models to derive the incremental ROI of each variable.I hear some people saying "get the $10,000 hot tub", and I get that, especially if it's a "tab...
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I am new to investing completely and I do have a good line of credit and have been approved for approximately a 120,000 loan. I guess my question is centering on the 70% rule and learning how to assess a good deal whe...
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Hello BP nation,I have finally researched all the ways to invest in Real Estate and I have chosen multifamily. I have read Frank Gallinelli's book "what every real estate investor needs to know about cash flow and 36 ...
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I consider myself an old school fundamentals guys. I've read about Benjamin Graham and Warren Buffets approach to investing at large and it resonates with me more so than the crypto-generation. Real estate's "gross ...
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My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...
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Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
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My husband and I are very very new in REI... WE would like a mentor! We want to make educated decisions and need a little help in different areas. We live in the Winston-Salem area. PLEASE contact me if you think y...
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So I started with single family buy and hold rentals like a lot of the people here on BiggerPockets. However, being out of state, it seems like the average rental is going to generate 8-15% Cash on Cash returns, depen...