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I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...
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What are you favorite ways to find good contractors (google, networking, angieslist etc.) Ideally before even getting estimates. Any ways you filter through who to call or not?
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How do I even start to estimate the money needed to get this property in a salable or rentable condition (I am open to both)?? The house that was built in 1940. It is approx 1300 sqft. It has no HVAC system and no ins...
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I just read this article
http://turnersappraisals.com/fannie-mae-to-pick-lowest-risk-comparables-for-appraisers/
Seems like at the end of January appraisers will have to jump through some extra hoops to deal with t...
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Hi All - I'm looking to purchase 2 homes totaling $600,000. Together they would generate gross rents of ~$5,300/month. After all was said and done with mortgage, ins, taxes, misc expenses and a mgmt fee we'd cash flo...
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What are your 3 favorite books and why. At least one of the 3 must be related to real estate, investing, or “self help”.1. How to win friends and influence people. By Dale Carnegie Need I say more.2. Think and Grow Ri...
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Hi Everyone,
Does anyone have an opinion on which of these would be the most ideal for collecting rent via an online payment system? Would love to hear your thoughts as well as alternatives.
Thanks!
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Aloha all.
I am a realtor practicing in Maui targeting high-end properties. I am currently establishing strong rapports with other luxury realtors across the country, to share marketing ideas, to develop better busi...
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Im new to BP and posted my first blog entry at http://www.biggerpockets.com/blogs
I was expecting some insightful comments and criticisms. Did not get any. I noticed none of the other blogs dating back weeks appear t...
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My PM company I use takes first month rents and then 10%. I'm OOS investor. Is there a more cost efficient way of managing own property than paying a PM company? Currently I have paid them almost 3K/year. That's 3K th...