So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
I am considering partnering with a contractor on a rehab and need some ideas on how to protect my investment in the property. The contractor used a hard money loan to acquire the property and would like for me to ...
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
I still wouldn't mind hitting 50 units this year as per my other post - http://biggerpockets.com/forums/522/topics/160698-... However even if I don't, I'd still consider myself a success.Mid 2013 I was able to source ...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
I actually have 2 things to celebrate today:1. This is my 5,000 post to Bigger Pockets!!!2. The last payment was made on a property I bought in 2012 using peer to peer lending on a 3 year loan!What better way to celeb...
It is always important to be able to analyze properties and potential acquisitions/sales. My belief is most of the profit is made on the buy. I have an opportunity in real life and want to throw it out there. There wi...
from something like this:
http://www.homes.com/listing/photo/168077768/1313_Fair_St_BOWLING_GREEN_KY_42101
to something like this:
http://www.designsponge.com/2012/01/before-after-modern-bungalow-renovation.html
a...
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
Make a bunch of money doing a flip! OK ok ok, easier said than done right?Well let me try to help. You will need some money. The best way to get money is by doing a flip! So only for that reason, will I share how to...