How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Hello,
I am a new investor looking into a property that currently has ~100 pads with 57 of them occupied by tenants with tenant owned homes, while the remaining pads all have vacant park owned homes, at varying level...
I have been really nervous to write this introduction for several days. However, I have seen some of the BiggerPockets podcasts on Youtube, and agree that there is no time like the present to put myself out th...
Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...
Do you view your tenants as an asset or a liability? I'm curious whether folks here view their tenants as an asset or a liability? I'm sure many will say "both" but if you had to choose, which would you pick?Some star...
I worked in the automotive repair industry for over 15 years where my image was not of major relevance. Employees wore coveralls and had no personal dealings with the public. You don't need to look like a rockstar to ...
Hello world of BP. As you guessed from the title, I'm looking for insight on how to dig into a potential ground up development opportunity I was presented with yesterday. A little background on me: been investing for ...
Hi all,I have few properties in New Jersey for few years. I realized the passive income is not really a passive income as the tenant call you for repairs- the fence, leaking basement, driveway crack, dishwasher, wate...