Josh Corriveau
Cap Rate and Cash-on-Cash ROI versus $100/door
Hi BP Members,
I hope you're well. I'm analyzing a property for purchase and the cap rate is 5.73% and cash on cash ROI is 5.07%. The monthly cash flow is $291.46 total for the duplex. While I think the rent could...
Jennifer Pithie
How to set up deal with private lender for flips
I have two properties I want to flip in the LA area. I own one and have negotiated purchase on another. I am an experienced designer and have private lenders (friends) interested in investing. What is the best way to ...
Jimmy Watts
How did you find your first Private Money Lender
My local REIA had Alan Cowgill talk to us last month about how to get Private Money Lenders to fund your deal. This sounds great and it looks like most of the folks on the forums use PM but how do you find your first,...
Michael Farney
Hello from Chicagoland!
Hello everyone!I am hitting the point of life to get my first place, and I was originally going to get a condo or something suitable for a primary residence. I'm 32. However, I recently shifted my thinking towards in...
Jason Schimer
Is the age of BRRRR over???
As we all know the market could be peaking out. No one has a crystal ball and no one can know if sure but we can assume that we don't have 7 years of time to play. The question I ask is it really still a good time for...
Fabian Peraza
Hello from Philly (New multifamily investor)
Hey all. Bigger Pockets has been my pocket guide to real estate over the last couple months. I have finally put a triplex under contract and underwent the house inspection earlier today. This is finally beginning to f...
Brian Garrett
Cash vs. Lending when just getting started?
I have a fairly basic question that hopefully some of you more experienced investors can help me with. Let's assume someone is new to investing, preparing for their first deal and they have $100k cash (for simple num...
Nathan Gesner
How to deal with smoke-stained walls/ceiling
I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
Ryan Sommer
Opinions on Newhall Ranch development effect on home values?
Apparently this is getting approved and moving forward and there will be 5500 new homes built right by Magic Mountain and 21,500 total units including business space, retail, elementary school, fire station etchttp://...
John Drinkwater
Your Money is No Good Here.
So Cal is definitely not a boring Real Estate Market. Today's story starts with me coming across a reasonably priced flip being sold off because the investor took on one too many projects, or possibly had another deal...