In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
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What questions do you ask when interviewing contractors?
Hello,
Newbie here. I am divorcing and selling our home and splitting the profits of which should be about $250K per. I have chosen to rent for the next 12 months as I figure out where I want to live. Debt free an...
ok,
I visited a house on foreclosure and left a note. The owner called back and told me someone else is buying the house and only that person will buy the house.
I told the owner that I just need your approval so I ca...
Hello Everyone,This web-site is GREAT and I have learned so much. Now, here is my question. I hear most people say don't quit your day job to invest in Real Estate until… And, I ask Why? Wait…. Let me clarify, I'm n...
Hi everyone,
I'm a newbie here, I just discovered these forums for the first time, and what a great resource it is. Thank you to all who participate here and offer the benefit of your experience to others.
I am not...
Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
Hello BP Community,
My name is Danny, I currently live in the Bay Area, and I am a beginner looking to get into RE investing. I've been on Bigger Pockets for a while, learning as much as I can prior to doing my first...
Hi, can anyone share their experience with purchasing a vacant facility or land for the purpose of building a facility? We are only in the planning stages, but seems a lot more complicated than just buying regular RE...
I'm in new territory here. Would love some advice on my next move. Here's the stats:
I purchased a $300,000 office building about 3 years ago with owner financing. The interest rate is fixed at 7% and has a call i...