Hi Everyone,We are under contract on our first investment property and we have the option to save $5K off the closing costs or $5K off the purchase price. Is there a general rule of thumb of which is better or is that...
I had the chance to speak with Michael Blank on my podcast about just this. If you are interested, please give it a listen, and let me know what you think.http://commercialrealestatepronetwork.com/podcasts...
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
Hi, my name is Michael and I'm new to BiggerPockets.
I'm currently in the stages of my life where i want to choose something that I'm good at and I'm gonna love. A door of opportunity opened up to me today when br...
I was at a recent land auction in Arizona and it was terrible. I felt bad for the sellers. Isn't there away that Auction House's can ratchet up their industry to make the whole process more appealling to attract a h...
I am in that "What should I buy?" stage. I've got a friend who swears by low income SFRs, and while they are cheaper to get into, I believe the cashflow from a duplex makes it a more attractive investment. However, th...
I'm looking at a low cost, multi-family property with a NOI of $11,312 (seller's figures). The asking price is just under $100k. If you had the option of paying cash or financing, which way would you go? I'm looking f...
Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
My question is based on:
A lower rent is an appealing feature to most tenants.
So if the advertised rent is lower-than-market I would expect the pool of potential tenants to be larger.
A larger po...
I had this 4-plex under contract with a combination of FHA loan and seller financing at a price that i thought was a good deal. The property is located in an ideal location where there is a high demand for renting. ...