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Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
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Hello BP!Today I closed on my first buy and hold rowhome in Baltimore City. It's my first real estate deal ever - and seeing as how I only have the faintest idea of what happens next, I figured my journey of figuring ...
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Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...
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Stock market gains average 8% per year. I am not sure what the average year on year return for BRRRR is but if you compare the two which one would earn you more money for your investment assuming average BRRRR results...
I have had 2 incidents recently that potential Tenant refuse to give out SSN before signing Lease. Rental property is minimal $750k assess, Landlord feels more comfortable to have Tenant SSNs on file to protect themse...
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Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...
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I have a duplex that has two really old gas furnaces that are about to die on me. Instead of dropping $6000 on two new ones, I have contemplated replacing the heating with baseboard electric heat throughout. This plac...
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Hello, I'm new to investing, and with the current prices against current rents, I'm finding it difficult to get properties to cash flow. As far as I know, I am pretty thorough with the calculators. Is it just me? Or ...
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Hello!First off, huge thanks to the BiggerPockets community, podcasts, tools and depth of thread topics; I wouldn't have gotten nearly anywhere close to where I am without the existence of BiggerPockets. I currently w...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...